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PPI Complaints At A High - See Who Has The Worst Record And Make A Successful PPI Claim
PPI Complaints At A High - See Who Has The Worst Record And Make A Successful PPI Claim
Record number of PPI complaints made to FOS and most are upheld. PPI Return may be able to reclaim PPI compensation without Ombudsman intervention.
Liverpool,
Merseyside,
United Kingdom
(prbd.net)
29/09/2010
"A recent article published on the BBC’s Radio 1 Newsbeat highlighted that in the first half of the year, the Financial Ombudsman Service (FOS) saw a 23% hike in the number of complaints made for mis-sold PPI."
A recent article published on the BBC’s Radio 1 Newsbeat highlighted that in the first half of the year, the Financial Ombudsman Service (FOS) saw a 23% hike in the number of complaints made for mis-sold PPI.
Listed below are the financial institutions that had PPI complaints referred to FOS, and the percentage of PPI claims that were upheld once escalated to the regulatory body.
• Lloyds TSB Bank plc 8,474 86%
• Barclays Bank plc 2,205 95%
• Black Horse Limited 1,876 96%
• Welcome Financial Service Ltd 1,608 93%
• Bank of Scotland plc 1,548 43%
• The Royal Bank of Scotland plc 1,499 70%
• HSBC Bank plc 1,344 72%
• Clydesdale Bank plc 1,302 89%
• National Westminster Bank plc 1,027 72%
• Santander UK plc 977 58%
The above statistics make interesting reading and will be encouraging to anyone who has made a PPI complaint, but has been fobbed off by their banks. Banks have a history of making blanket rejections in the hope of deterring customers from making rightful claims.
PPI Return champion consumer rights and through a team of highly skilled PPI claim specialists can make a claim for mis-sold PPI quickly and efficiently. The company’s significant PPI claims expertise, means that they can promptly assess if a consumer has been mis-sold PPI and start the process to reclaim PPI. PPI Return can, in many cases, avoid the need to escalate the case to FOS. The company is also aware that many financial consumers are being offered token ‘goodwill’ gestures by banks which are much lower than the true compensation figure.
PPI Return would like to hear from anyone wanting to make a claim or consumers who have had claims rejected by banks. Individuals who have been offered a PPI compensation package should also check with PPI Return if the compensation package is sufficient.
ABOUT PPI RETURN – PPI CLAIM SPECIALISTS
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
PPI Return
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 ’
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