Blog Posts Tagged with: PPI claims

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Paragon PPI Claims - Open Flood Gates Supreme Court Ruling on PPI Claims and Commissions It has been for a long time an issue where large commissions for the sale of PPI (payment protection insurance) was never disclosed to the customer.  Some commissions are huge sold on the back of the loan.  The question is whether these commission which were often not disclosed or that the... Read more
The FSA (the Watch Dog) of the Banks and Lenders, has been considering over the last few months to allow the banks to put a time limit on which ppi claims can be made. The regulator however will only consider putting in a time bar if it is in the interest of consumers. It is now possible that such a demand from the ppi mis-selling banks who would like to introduce the time limits may now no... Read more
PPI Broker Stops Trading The  Services Compensation Scheme (FSCS) has confirmed Wilmslow Financial Services Ltd has been put into administration. It added protection for insurance broking is 90% of any eligible claim with no upper limit, although it said customers should not contact the FSCS. Our PPI Claims Solicitor confirms that any ppi customer from Wilmslow Financial Services who have... Read more
We understand that Wilmslow Financial Services are no longer trading are have been put into administration. Wilsmlow have sold payment protection insurance (ppi) with loans.  As ppi claim solicitors we have been handling many cases against Wilmslow Financial Services in administration. The fact that they have gone into administration does not prevent you from making a claim for mis-sold ppi... Read more
PPI drives rise in financial complaints to ombudsman The Financial Ombudsman Service (FOS) handled a record 206,000 formal complaints in the last financial year - a rise of 26% from 2009-10. Just over half them, 51%, were about the mis-selling of payment protection insurance (PPI). The 105,000 PPI complaints were a record for any type of financial policy in a single year. The FOS tries to deal... Read more
Banks to Pay £9 Billion Mis-sold PPI (payment protection insurance) following the defeated stance taken at court must now review their sales over the years.  If the ppi has been mis-sold they should refund the ppi. Anyone who has a loan or credit card should now make a ppi claim.  Get ahead of the queue and start your ppi claim now. As ppi solicitors we have specialised in claiming back... Read more
FASTER PPI CLAIMS PAYOUTS PPI News Beat PPI Solicitor has been in the news on Radio 5 Live last week being interviewed by Gabby Logan with Martin Lewis.  As part of the conversation it was considered if PPI Solicitors were necessary.  Our Principal Solicitor Mr Ronnie Hutcheon has the following to say about this question: “I am often asked this question.  From my point of view I am... Read more
The Financial Services Authority (FSA) This week The Financial Services Authority (FSA) the Banking watchdog want the banks to speed up payments of ppi to customers who have been mis-sold ppi. Last month the Banks and lenders lost their judicial review of the FSAs powers to make the banking industry apply new PPI selling standards to past sales of PPI (amongst other issues). As a result of the... Read more
The Financial Services Authority (FSA), the regulator of the Banks and lenders have been right all along with their view regarding their analytical and critical assessment of how ppi was mis-sold to borrowers.  From small ppi loans to ppi loans over £100,000, mortgages, credit cards, car purchase and home improvement loans, the mis-selling of loans with ppi has been widespread.  Banks... Read more
PPI Complaints and Compensation It is estimated that over 7,000 complaints relating to PPI claims are being lodged by borrowers every day against banks and lenders. It is alleged that many banks and lenders have failed to adequately deal with customer complaints on PPI which has caused individuals to take their case PPI claim solicitors or to the ombudsman as opposed to finding a resolution with... Read more