Newsroom /
Finance
/
Finance
/
As Many As 3 Million Consumers Are Still Entitled to PPI Compensation - Act Now To Get PPI Returned
As Many As 3 Million Consumers Are Still Entitled to PPI Compensation - Act Now To Get PPI Returned
With as many as three million people waiting for compensation for mis-sold PPI, now is the time to act to ensure banks and lenders return PPI payments.
Liverpool,
Merseyside,
United Kingdom
(prbd.net)
27/08/2010
"PPI claimants are often faced with blanket rejection or “goodwill” payment but PPI Return urge individuals not to compromise and to seek expert opinion."
The Guardian has recently written that as many as three million people who took out payment protection insurance (PPI) could be entitled to compensation after the Financial Services Authority (FSA) issued new rules on how firms should handle mis-selling complaints. The total amount of compensation consumers could be entitled is estimated to be between £2bn and £2.7bn.
The FSA is currently being inundated with complaints, on average 2,000 per week, as more and more victims of PPI mis-selling are being directed to the ombudsman by the financial sector rather than solving the problem internally. Where a case goes before the ombudsman, as many as 4 out of 5 are settled in favour of the claimant with the average payout in the region of £2,500 – although many are significantly higher.
PPI Return are fully aware of the number of claims still to be made. The company is equally aware of the financial sector’s failure to step up to the mark when it comes to handling claims. PPI claimants are often faced with blanket rejection or “goodwill” payment but PPI Return urge individuals not to compromise and to seek expert opinion.
PPI Return are PPI claims specialists who have significant experience in making the most successful PPI claims. Their expertise means that they can handle any negative responses from banks and lenders and remove the need to go before the ombudsman. By doing so, the time taken to make a successful claim is shortened and the company always go for the maximum compensation. PPI Return’s experience means they have a strong insight into what level of compensation consumers should be entitled to.
ABOUT
PPI Return is one of the UK’s leading PPI claims law firms with a wealth of experience and highly qualified legal advisors.
PPI Return is dedicated exclusively to helping clients regain mis-sold Payment Protection Insurance (PPI) payments. There are many thousands of people in the UK who were either mis-sold PPI or not informed of how the PPI worked when taking out loans. PPI Return works to correct this wrong doing and works on a highly competitive fee basis. PPI Return provides an online ’60 Second Test’ where you can quickly assess if you are entitled to make a claim for mis-sold PPI in addition to Web Chat with PPI Claim specialists.
CONTACT
PPI Return
Mersey Chambers
5 Old Churchyard
Liverpool
L2 8GW
Tel: 0800 877 8888
info@ppireturn.co.uk
http://www.ppireturn.co.uk