Lloyds TSB mis-sold PPI claims

Hats off to Lloyds TSB for being the bank honest enough to say that they were wrong to have mis-sold payment protection insurance.PPI has been a racket. A loan protection racket in which hundreds of thousands of people have bought un- necessary and often valueless insurance to line the profits of the bankers.

Payment protection insurance has been sold with personal loans, mortgages and credit cards-often without the customer even knowing that he/she was buying it. It was just automatically added to the bill. A huge number of people who have been paying for payment protection insurance would never have qualified for a payout because they were in fact disqualified under the terms of the policy.

Payment protection insurance was an expensive product but many people bought PPI because they often thought that somehow by taking it that they would obtain a loan easier than if they didn’t. The commission paid to the salesman was very high and this encouraged hard sales tactics and a failure to disclose the truth in many cases.

Lloyds TSB has set aside £3.2 billion to repay customers who have been mis-sold PPI insurance. Unfortunately and inevitably the bank will now increase its bank charges and interest rates to ensure that the bankers continue to receive their big, fat bonuses. Of course, the bank could always stop paying ridiculously high bonuses….You must be joking! That is not going to happen.

Claim bank charges back can help you claim back your PPI payments even if they go back years. We will do this without you having to worry, work or wait. We have the knowledge and experience to settle your claim with Lloyds TSB and to get you your refunds now. Please complete the form on this page to get the ball rolling.

Please do it now.