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Claim Back Mis-sold PPI.


By administrator - Posted on 12 March 2010

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Claim Back Mis-sold PPI.
New rules on payment protection insurance delayed until May.
The Financial Services authority will not publish its plans on the mis-selling of PPI in the near future. The FSA has faced a barrage of hostile criticism and comment from companies and organisations in the Financial services industry.
This has forced the FSA to delay its proposals until May or with the General election pending, even later. PPI is usually aggressively sold by car dealers, traders and loan companies on the back of a loan.
PPI is an insurance that covers loan repayments in the event of job loss or long term sickness. The trouble is that in a vast number of cases there are so many non-qualifying conditions that the customer could not claim. The Salesperson-who is on a massive PPI commission- often fails to point out the small print conditions that apply. The customer often feels also that If He/She doesn’t take out PPI then the loan may not be forthcoming.
The FSA states that the repayment of mis-sold PPI policies could be as much as one billion pounds. WOW!
In 2006 he competition commission said that lenders made excess profits of
£1.4 billion when selling PPI insurance.
How about you? We are sure that you have little sympathy for bankers with
their guaranteed bonuses………..Right? If you have taken out PPI
insurance in the last six years it may be very well worth your while to apply
for a full refund. That would be nice to have,wouldn’t it?
The beauty of this firm is that they operate on a No win, No fee basis.
What have you got to lose?
Complete the application form and an information pack will be sent to you
with any obligation.
Do It now.

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