PPI (Payment Protection Insurance) Scandal
Many banks, loan and credit card companies routinely mis-sold PPI, if you took out any type of loan, mortgage, store or credit card in the last 10 years there is a good chance you have a claim.
We make claims for you. Simple. Refunds in as little as 4 weeks.
PPI The Facts
- Approximately 20 million PPI policies were sold by the banks
- An estimated £9bn is owed to customers
- Time limits for a claim may apply
The Benefits to you for PPI Claims
- No win no fee ‡
- Average PPI claim is over £3,000*
- Our Largest PPI claim £89,446
Claim Back Mis-sold PPI
Speak to a claims handler now.
0800 954 0817
Leading banks add further funds to PPI compensation fund
The PPI mis-selling saga continues to unfold as Lloyds Banking Group adds another £700 million to meet claims demands. This recent addition brings the PPI clean-up bill to a whopping £4.2 billion; £1 billion more than originally estimated.
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Compensation bills soar as consumers continue to make PPI claims
Major banks are being forced to add millions to their compensation bills, exposing the true extent of the PPI mis-selling scandal that has affected the nation.
Following one of the worst mis-selling scandals in the UK, Lloyds Bank has taken another £375million pound hit to cover PPI payouts. This has increased the estimated total amount set aside to deal with payment protection claims to nearly a staggering £3.8billion for the taxpayer-backed bank alone.
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PPI claims leads to increase in employments at banks
Bank employment figures have shot up in the first three months of 2012 to deal with the massive increase in PPI compensation claims, a survey has revealed.
Specialist financial services recruitment firm BrightPool, has revealed that a total of 60 per cent of claim handlers in demand by high street banks were to deal with mis sold Payment Protection Insurance claims in PPI compensation scheme departments.
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Mitchell Farrar Group (MFG) highlights benefits of ppiclaimback.co.uk as FSA publish PPI guidelines to banks who mis-sold
Following the release of FSA guidelines to firms that mis-sold payment protection insurance, the Mitchell Farrar Group is offering a helping hand to consumers, to settle their PPI claim in a professional and timely manner.
The Mitchell Farrar Group, which runs leading claims management company Investor Compensation with the brand www.ppiclaimback.co.uk, is welcoming the news that banks who mis-sold payment protection are taking proactive steps..
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PPICLAIMBACK.co.uk offer PPI victims help before it’s too late
Official data released by the FSA shows that PPI complaints have reached record highs, with a rise of 85% in the final months of 2011. With a further 12 million PPI customers yet to claim, a leading claims management company is urging consumers to claim back what they deserve before it's too late.
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PPI Claims
PPI is a Protection insurance sold to cover your monthly payments in case you have an accident, become sick or are later unemployed. PPI was sold on Secured / unsecured (personal) loans, credit cards and mortgages.
Every week we are helping thousands of clients reclaim their money back plus interest.
We have had successful claims against Lloyds TSB, HBOS, MBNA, Barclays, Capital One, NatWest, RBS Barclaycard, HSBC, Black Horse, Alliance & Leicester and many others.
Feedback on PPI Refund
"I would never have had the knowledge or confidence to claim for PPI from start to finish …………... They helped me a lot which, in my case, led to a settlement payment of over £80,000. I would urge anyone else in the same situation to get in touch and get the ball rolling.."
Pamela from Hertfordshire