Claim back YOUR MONEY today!
Have you taken out a loan from your bank in the last six years?
Thousands did, and just like them you could have been mis-sold Payment Protection Insurance, meaning that you could be entitled to a refund of thousands of pounds!
We are specialists in reclaiming your money quickly, with no up-front-fees and no hassle!
News
Millions of Customers to Receive Letter from Bank
Banks are beginning the arduous process of writing to the millions of customers they may have mis-sold payment protection insurance (PPI) to.
The Financial Services Authority (FSA) has stepped into the process to insist the banks write in a clear, jargon free language, that customers will understand. The letters should also include a time limit for making a complaint.
The FSA has described the creation of these letters as ‘a key moment’ in the PPI nightmare. Customers are invited to respond to the letters to make a complaint for compensation, and thousands are expected to turn to specialist claim management companies for their assistance.
Banks paid out a massive 1.9 billion to the victims of PPI mis-selling last year, and have set aside billions more to cover their PPI blunder. The FSA has now insisted that banks and major lenders consider the millions of customers who have been mis-sold PPI, but may not be aware of it, or haven’t yet complained. The FSA expects future compensation payments will far exceed current expectations.
A total of anything between four and twelve million customers will be contacted by letter in the next few months. The FSA is insisting this process starts soon to help prevent customers running out of time to complain.
Whilst the planned letter contact by banks is a positive step forward in the PPI claims process, it’s worth noting providers are only obliged to contact customers who have been systematically mis-sold PPI. There are likely to be many more individual cases that don’t fall within this category.
Customers are being urged to check through loan paperwork, statements and contracts you have had within the last ten years, to check whether PPI was added to it.
Maybe you have received a letter from your bank or lender, and are unsure how to proceed with a complaint? Speak to the specialists and find out how to claim back your PPI here.
Posted by Joanne Price on 22 Jun 2012
Other News
Lloyds PPI bill grows £750m to £19.4bn
21 Feb 2019
FCA tells insurers and banks to respect CMCs
19 Dec 2018
Consumers 'wrongly' told they do not have PPI
21 Nov 2018
Lloyds Banking Group PPI provisions reach a staggering £17bn. Who's really to blame for that?
24 Oct 2018
Barclays admits PPI compensation error
28 Sep 2018
PPI fuelling fraud culture, says Barclays boss
28 Sep 2018
Scots banks among worst for PPI claims
11 Sep 2018
FCA's guidelines are undervaluing consumers' PPI claims by billions of pounds, barristers allege
30 Apr 2018
CYBG TO UP PPI PROVISION BY £350M
19 Apr 2018
Lloyds to set aside £450m more to pay PPI victims which will take the total bill to £18.5bn
19 Feb 2018
PPI claim deadline proposed for June 2019
02 Aug 2016
Banks face a new £5bn PPI bill: Flood of new claims on its way triggered by High Court ruling
29 Jan 2016
Banks Face Fresh £5bn PPI Mis-Selling Bill
25 Jan 2016
Largest Success for Creditline Financial
20 Jan 2016
FCA unable to estimate future PPI cost to banks
30 Nov 2015
28 Jul 2014
23 Jul 2014
Lloyds slumps into red after setting aside another £750m for mis-selling PPI loan insurance
30 Oct 2013
Barclays Bank Tops Complaints List
22 Oct 2013
05 Aug 2013
Battered banks face huge extra payouts: Mis-selling bill keeps rising to dash hopes of end to crisis
31 Jul 2013
Banks' PPI deadline talks collapse
12 Jun 2013
Lloyds bank admits PPI complaints 'issues'
11 Jun 2013
PPI scandal will run for years, not months: FOS
05 Jun 2013
Banks deal with fewer customer complaints
16 Apr 2013
Britain's most complained about financial firms
15 Apr 2013
Exclusive: Banks Split Over PPI Time Limit
07 Mar 2013
Lloyds fined 4.3m over PPI delays
19 Feb 2013
Former Lloyds boss defends PPI
18 Feb 2013
Consumer complaints jump by 75%
29 Jan 2013
Consumers Still Unaware on How to Claim Back PPI
30 Aug 2012
Missold PPI Payouts Nearing £5.5 billion
25 Aug 2012
5 Frequently Asked PPI Questions Answered
20 Jul 2012
145% Rise in Banking Compensation Claims
06 Jul 2012
Barclays Fined for “Manipulating” Lending Rates
29 Jun 2012
Lloyds Could Be Forced to Return More Bonuses
15 Jun 2012
PPI Claims Process to be Simplified
08 Jun 2012
£500 million paid in PPI compensation in March.
01 Jun 2012
PPI Tops UK Financial Complaints Table
25 May 2012
HSBC to Increase PPI Compensation Budget
11 May 2012
Banks Finally Communicate With PPI Victims
27 Apr 2012
PPI Complaints Increase Bank Employment
20 Apr 2012
Record Missold Payment Protection Case Settled
05 Apr 2012
30 Mar 2012
Lenders “Delaying” Missold PPI Repayments
17 Feb 2012
PPI Guidance for Banks “Not Achievable”
17 Feb 2012
Mis-Sold PPI Compensation Reaches Record High
03 Feb 2012
FSA Consultation on PPI Requested From Brokers
26 Jan 2012
Banks Under Attack For Further Delays
17 Jan 2012
PPI Industry Calls For Further Regulation
17 Jan 2012
Online PPI Services Still Proving Problematic.
06 Jan 2012
2011: A PPI Review Of The Year
23 Dec 2011
Current PPI Costs to the Banks at £557m
02 Dec 2011
Many Customers Still Awaiting PPI payments
02 Dec 2011
25 Nov 2011
FOS Considering a Budget Expansion
25 Nov 2011
Financial Firms Warned Off ‘New PPI’
18 Nov 2011
PPI Payments Still Causing Damage
18 Nov 2011
Missold Payment Protection Costs Lloyds
11 Nov 2011
See How Much You’re Owed with our PPI Calculator
11 Nov 2011
Let Creditline Do The Hard Work
28 Oct 2011
27 Oct 2011
Tesco Bank Profits Suffer From PPI Repayments
14 Oct 2011
PPI Still Top Of The Complaints List
07 Oct 2011
It’s Your Money…Claim It Back Now!
06 Oct 2011
Barclays tops FSA complaints list
05 Oct 2011
Barclays To Cut Jobs Due To PPI Paypouts
26 Aug 2011
19 Aug 2011
12 Aug 2011
Barclays Profits Hit By PPI Provision
05 Aug 2011
28 Jul 2011
FOS Recalls BBA Meetings as ‘Disappointing’
21 Jul 2011
BBA Claims To Be Not At Fault Over PPI
15 Jul 2011
08 Jul 2011
Could PPI Payments Fuel Consumer Spending?
30 Jun 2011
Banks Pressured To Adopt The Barclays Approach
23 Jun 2011
Barclays Will ‘Pay Up’ PPI Compensation
17 Jun 2011
Ombudsman Complaints Bottleneck As Banks Delay
03 Jun 2011
25 May 2011
Could PPI Charges Hit Consumers?
16 May 2011
RBS To Set Aside £850m For PPI
13 May 2011
04 May 2011
Gladstone Brookes Criticse PPI Sales By Banks
12 Apr 2011
ABI Hits Out At the FOS £25 Million Levy
08 Apr 2011
£110m Set Aside by Welcome Financial Services
10 Mar 2011
Lloyd PPI Complaints Jump By 70%
04 Mar 2011
ABI Questions The FOS’ Need For Levy Increase
22 Feb 2011
PPI Named and Shamed as FOS’s Biggest Offender
18 Feb 2011
11 Feb 2011
PPI Rules ‘Unlawful’ According to BBA
08 Feb 2011
24 Jan 2011
AMI Calls For Firms To Co-operate on PPI Cases
20 Jan 2011
Complaints Regarding PPI Surging By 40% So Far
12 Jan 2011
Banks Officially Stalling On PPI Complaints
20 Dec 2010
How To Tell If You’re Eligible For A PPI Refund
14 Dec 2010
08 Dec 2010
Banks To Defy The FSA Over PPI Rules
29 Nov 2010
PPI Interest Still There, Reveals Capita
17 Nov 2010
Banks Estimate An Increase On £4.4bn PPI Bill
09 Nov 2010
Lloyds Vulnerable To ‘£1bn Misselling Hit’
26 Oct 2010
Payment Protection 'Will Be Lowered'
19 Oct 2010
Banks Dragging Their Feet Over PPI
13 Oct 2010
Financial Firms 'Not Responding Properly'
21 Sep 2010
Lloyd's Banking Group 'Worst Offender'
14 Sep 2010
Banks To Take FSA To Court Over PPI?
09 Sep 2010
Banks ‘Automatically Rejecting PPI Claims’
24 Aug 2010
PPI Claims 'Dominate' FSCS Workload
28 Jul 2010
Banks ‘Passing The Buck’ Over PPI Claims
20 Jul 2010
Ombudsman Flooded With PPI Claims
13 Jul 2010
Ban On PPI Sale Set To Go Ahead
29 Jun 2010
Mis Sold PPI Victims Thrown Lifeline
22 Jun 2010
22 Jun 2010
More time for new PPI complaints, FSA says
17 Jun 2010
PPI still mis-sold, says Which?
17 Jun 2010
Commission upholds PPI sales ruling
14 Jun 2010
Copyright © 2010-2019
Authorised and regulated by the Financial Conduct Authority (FRN:830889).
Registered with the Information Commissioners Office; registration number: Z2534143. Creditline Financial Limited (Registered in England: 4b Tesla Court, Innovation Way, Lynch Wood, Peterborough, Cambridgeshire, PE2 6FL; Registration No: 4558771). VAT No: 973 8708 68.
Useful Links
Popular Searches
Creditline Financial PPI Reclaims
Creditline Financial has years of experience in the PPI Claims market and has returned hundreds of thousands of pounds to its customers through scores of successful PPI Reclaims.
If you think you may have been the victim of missold Payment Protection or mis sold loan protection then contact us using the form on this site and we will get straight back to you. Claiming back PPI is as easy as 1-2-3!
