Newsroom / Finance / Finance / More than 1,000 Brits Complain Weekly About Mis-Sold PPI – Claim Now

More than 1,000 Brits Complain Weekly About Mis-Sold PPI – Claim NowFeatured PR

The number of people making PPI claim complaints continues to spiral – banks should be taking responsibility.
Liverpool, Merseyside, United Kingdom (prbd.net) 20/07/2010

""banks are wasting everyone's time by automatically rejecting so many complaints. The vast majority of cases should not have to go to the ombudsman.""

It would appear that banks and financial lenders continue to pass the buck and avoid facing up to the great PPI mis-selling scandal. The number of people escalating their claims to the Financial Ombudsman Service (FOS) stands at over 1,000 weekly – a staggering 200 daily – yet many of these claims could and should be dealt with directly by the banks themselves.

Vera Cottrell, who works at consumer group Which? recognises this issue and believes that "banks are wasting everyone's time by automatically rejecting so many complaints. The vast majority of cases should not have to go to the ombudsman."

Banks, it would appear, often buy themselves more time by outright rejecting claims and trying to bully consumers from continuing with their PPI mis-selling claims. Their rejection of PPI claims has a twofold effect. Firstly it gives them more time to hold on to money that rightly belongs to victims of PPI mis-selling and secondly it works to deter PPI claimants from continuing their claim.

PPI Return http://www.ppireturn.co.uk are PPI claim specialists who champion claiming back PPI for clients. The company has a wealth of experience and is highly experienced at cutting through the bluff and rhetoric consumers often face from banks. Using highly trained PPI claim specialists, PPI return can wade through some of the endless red tape that financial institutions place before anyone wanting to make a PPI claim.

Despite facing more than 46,000 cases in 2009, FOS and other financial experts believe that this is just a small percentage of the number who are rightly entitled to make a PPI claim. There are tens of thousands of UK consumers who are deterred from continuing to make their claims because of the wall of rejection they face from the banks.

This is a key area that PPI Return http://www.ppireturn.co.uk pride themselves in. Offering a highly competitive claim process – not only in terms of fees but also in the professional drive they have to succeed. PPI Return’s website offers online tools to quickly determine individual PPI mis-selling claims as well as having PPI claim specialists online available to answer any questions.

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


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 ’

Contact

David Burley

Mersey Chambers 5 - Old Churchyard
Zipcode : L2 8GW
0800 877 888
david.shave@wmg.uk.com
http://www.ppireturn.co.uk