Plevin or Section 140 Claims
Up until 2006, a consumer agreement could be deemed unfair basically in light of how it affected the consumer. If he or she had been treated unfairly as a result of that agreement then something could be done about. In 2006, however, a ruling was made that wrongdoing may have occurred if the size of the commission was too large. This ruling was more than timely, with some agreements bringing 70% or more in commission for those involved.
A landmark case, now known as the Plevin case, happened in 2014, when a retired lecturer named Susan Plevin challenged and won a legal action with Paragon Finance. The judge ruled that because Mrs Plevin had not been informed about the whopping 71% commission that came with her policy then therefore it had been mis-sold to her.
In many ways, this has been a game-changer, and since 2014 we at Beat the Banks have handled many cases that were as a result of the Plevin ruling. We continue to fight for justice on behalf of our customers, so if you feel you may have a case we’d like to hear from you. Just call 0800 193 1234 for a friendly, no obligation chat.
PPI was mis-sold to people on a regular basis that for many companies became a routine strategy that brought in huge profits. It may be that your PPI was sold to you without you even knowing, or that you were told you had to have it, or that you were saddled with it even though it was completely inappropriate to your needs. During the stampede for profits, common sense and fair play soon feel by the wayside.