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PPI Scandal

A Lesson In How To Beat The Banks

Despite the fact that a great many people in all parts of the UK have pursued and won compensation claims in recent years, it’s estimated that up to a billion pounds could remain unclaimed by the time the August 2019 deadline comes around. Here at Beat the Banks, we’ve helped so many people to find the justice they deserve, so feel free to call 0800 193 1234 to see if we can help you as well.

From 1990 onwards, somewhere around 45 million PPI policies were sold to UK consumers. Personal Protection Insurance turned out to be a product that was often of little or no use to those who took it out, yet it was sold with great enthusiasm by banks, building societies, credit providers and high street stores. It was regularly lauded as a very worthwhile purchase, but the truth is it was a long way from that.

The UK’s major banks have set aside huge sums of money in readiness for compensation claims, so it’s important for all former customers to make a few enquiries in order to see if they are eligible for such a claim. Thankfully for them, our team of friendly and knowledgeable specialists is on hand to guide them through what is an extremely simple process.

The PPI scandal gained momentum because more and more financial organisations continued to push their sales teams to reach higher and higher targets. Members of the public were encouraged to buy a product that they didn’t usually need, and in some of the worst scenarios they weren’t even told of the existence of their PPI policy.

There are some people who seem a little reluctant to pursue a claim, but given the fact that the banks behaved so deplorably mounting a claim is surely the right thing to do. A great injustice was foisted on to the British public, and the organisations that made it happen really shouldn’t be allowed to get away with such practices.

If you think you may have been an unwitting victim of the PPI scandal, we strongly advise you to get in touch with Beat the Banks. Simply call 0800 193 1234 or use the online contact form, that really is all there is to it. Experienced professionals are ready and waiting right now to talk you through the process. We hope to hear from you soon.

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