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!

Claim now. It's easy. No obligation. No up-front fees.
* Required information
Name*
Phone*
Best time to call?
Email*
How did you find us?
Type code shown* verification image, type it in the box

Don't worry. We will only store and use the information provided to answer your query and process your request. Your details will not be passed on to any 3rd party or be used for any other purpose.

News

PPI complaints surged by 40% in the second half of 2017, says regulator

This was the highest level of complaints about PPI since there were 1.79 million PPI complaints in the first half of 2013.

The upswing follows the launch of the FCA’s media campaign in August 2017 to raise awareness about the deadline for complaining about the sale of PPI, which is August 29 2019.

A publicity drive featuring the animatronic head of Arnold Schwarzenegger has been reminding people to decide whether or not to make a complaint.

In January 2018 firms paid out £415.8 million in compensation to customers who complained about PPI.

The FCA said this was the highest figure since March 2016 and takes the amount paid since January 2011 to £30 billion.

Overall during the second half of 2017 a total of 3.76 million complaints were received by financial firms, an increase of 427,032 on the first half of the year.

Excluding PPI the number of complaints received by firms was 2.21 million, around 13,000 fewer than the previous six months.

After PPI, the next most complained about products were current accounts, with 509,047 complaints, followed by credit cards with 314,586 complaints.

Christopher Woolard, executive director of strategy and competition at the FCA, said: “Having set a deadline for PPI complaints, we are encouraging consumers to decide whether they want to claim, and if they do, to make their complaint as soon as possible, as many already have.

“We are continuing to monitor and challenge all firms to ensure they maintain the expected standards and are delivering on their commitments to make it easy for people to complain about PPI.

“When PPI is taken out of the mix, the numbers of complaints firms are receiving has remained stable. Firms should be doing all they can to reduce complaints and ensure they are treating customers fairly.”

PPI was designed to cover repayments in certain circumstances such as if someone lost their job, had an accident or became ill but it was often mis-sold to people who did not want or need the product.

It was added onto products such as mortgages, credit cards, store cards and other finance agreements.

Article taken from – Mail Online

Posted by M White on 24 Apr 2018

Other News

What Is PPI?

19 Aug 2011