There are many reasons why mis-sold ppi eventually lots of financial clients. The problem have been identified by both the Financial Services Authority along with the Office of Fair Trading as a growing problem that really needs close attention. Many high-street banks have been fined millions of pounds as a result of mis-sold ppi complaints [...]
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Banking institutions and lending companies are actually adding payment protection insurance (ppi) to their customers?loan even though they didn’t need it or want it. In lots of situations, ppi cost was being added with no customers?knowledge, which makes it a mis-sold product and policyholders will make ppi claims for this reason. If you think you [...]
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PPI has become the center of a national furor as it has been revealed how lenders took their account holders for a ride. Even as PPI looked fantastic on paper, ultimately it was riddled with defects mainly due to eager bankers endeavoring to foist PPI on their clients. What happened was that misrepresented PPI could [...]
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