Welcome to Beat the Banks

Find Us

87 Commercial Street,

Dundee DD1 2AB

Reclaim Mis Sold PPI Against First Plus

Reclaim Mis Sold PPI Against First Plus

There was a time when ads for First Plus seemed to be on our TV screens every few minutes or so, such was the prominence of this credit provider. The company became the biggest player in the UK’s burgeoning sub-prime, secured loan market, offering what were sold as golden opportunities for customers to consolidate their debts in order to put all their credit into one basket.

While they spoke to the public in a way that made complete financial sense, many of the loans included PPI policies that offered little or no use, but cost a small fortune in monthly premiums. For First Plus, just like the rest of the credit providers in the UK, it brought in substantial profits for very little work. Looking back now, it seems like a gravy train that should never have been allowed to leave the station.

If you were persuaded by First Plus and its slick marketing campaigns at the time, you may well have had PPI as an add-on to your loan. This was a product that we all know now was mis-sold on an industrial scale during the lending boom of the late 1980s, throughout the 1990s and into the 2000s. Many lenders made very big money on the backs of an unwitting and unsuspecting public.

Beat the Banks can help you to find out if you had PPI with First Plus, and if that was the case we can also mount a robust compensation claim. To hear more about what we may be able to help you with, just speak to our friendly specialists on 0800 193 1234 – it really is as simple as that. Just give us the details that you can remember and we’ll take things from there.

We conduct thorough searches in our quest for the truth

The First Plus brand has changed hands since the early days, and both the Woolwich and Barclays have taken over at some point. The fact that it has been sold on doesn’t make it any more difficult for us to mount a claim. We always go the extra mile in our investigations. Some claims companies will only seek the scantest information in order to make their jobs easier, but we look for in-depth records, often resulting in files of paperwork that are several inches thick.

One of the reasons for the public to have been so easily persuaded about the benefits of PPI is that they often thought their expensive premiums would cover them for the duration of the loan. Despite costing an arm and a leg to have this cover in place, in many instances it only applied for the first five years of the agreement. If and when they needed to claim after that, they found they weren’t covered at all.

If you’re one of those people who think it might somehow be ‘wrong’ to seek compensation for mis-selling PPI, it’s worth considering just how underhand the financial sector became at that time. Sales teams were heavily rewarded for selling policies, so in many cases the concept of fairness soon went right out of the window.

It seems unbelievable now, but we have come across many, many cases in which the customer was given PPI despite never asking for it. They were saddled with expensive policies that they often didn’t even know they had. How unfair was that?

If you suspect you had a PPI policy through First Direct, please get in touch today. A quick, easy phone call to 0800 193 1234 is all that’s needed to start what for you will be a very simple, very stress-free process. We look forward to having a chat with you soon.

Tell us your story

Sign up to Beat the Banks Newsletter

I have read and agree to the terms & conditions
  • Mrs C, Glasgow

    “From beginning to end, Beat the Banks have been very efficient. I am very pleased with the service from Jenna and the team. I am highly delighted and I have been recommending all of my friends.”

  • Shona, Dundee

    “Huge thank you to the team. After attempting to claim PPI myself and getting absolutely nowhere, I got Beat the Banks involved and ended up getting  £12,000. What a result. Beat the Banks made it so easy and were committed right to the end.”

  • Mr A McQuillian

    “From previous experience of PPI claim companies, I was a bit dubious if anyone could help me but I thought I would try Beat The Banks. To say I am pleased with the service and conclusion to my claim is an understatement. Beat the banks and my claim handler in particular handled all aspects of the claim from Clydesdale Bank with professionalism, courtesy, and efficiency to secure a positive result on my behalf. I would certainly recommend the services of Beat the Banks to anyone who thinks they have PPI claim, especially with the Clydesdale Bank.”

  • Mrs S, Falkirk

    “I was apprehensive about using a company to claim my PPI as I had previously responded to a “cold call” and was pestered with calls. I heard about Beat The Banks on a local radio station and because they were based in Scotland I felt comfortable approaching them. I have had a very positive experience with Beat The Banks. They are not pushy and answer any queries timeously. All the Agents I have spoken to were knowledgeable, polite and friendly. After the initial information gathering conversation, they understood my needs and just got on with my claim. No hassle. Even when it was clear that my claim was of a relatively low value they processed without delay. I would definitely recommend using Beat The Banks …. they put all the other companies out there to shame.”

  • T & A, Dundee

    “Down entirely to Mike’s hard work, we previously had a successful claim with Clydesdale Bank. Mike was convinced we had more loans with PPI and he was relentless in efforts to recover our paperwork from the bank. Finally, after many attempts, enough records were recovered to submit several claims. We have now received much more compensation, covering loans going back many, many years. If it had not been for Mike and the team at Beat the Banks this would never, ever have happened. Literally, all we did was sign our name and bank the cheque.”

  • Mrs S, Falkirk

    “I was apprehensive about using a company to claim my PPI as I had previously responded to a “cold call” and was pestered with calls. I heard about Beat The Banks on a local radio station and because they were based in Scotland I felt comfortable approaching them. I have had a very positive experience with Beat The Banks. They are not pushy and answer any queries timeously. All the Agents I have spoken to were knowledgeable, polite and friendly. After the initial information gathering conversation, they understood my needs and just got on with my claim. No hassle. Even when it was clear that my claim was of a relatively low value they processed without delay. I would definitely recommend using Beat The Banks …. they put all the other companies out there to shame.”

  • Mr & Mrs M, Shetland

    “We really appreciate the doggedness and professionalism of Jenna and the team at Beat the Banks. This is something we’d never have gotten round to doing and we’re so glad we went through the process with professionals as we’ve now had great results. Only positives have come from the experience.”

  • Mrs S, Falkirk

    “Excellent service so helpful, I received a substantial sum back that I had no idea I was due, thank you again to Beat The Banks especially to Gary who was so helpful and efficient in every way.”

  • Dave & Linda , Dundee

    “We had no paperwork but £52,500 reasons to say thank you, we are now living our Spanish dream! Exceptional service.”

  • Mr S, Dingwall

    “Have just found out I have won all my cases with the bank, going back many years and been awarded compensation of just over £15,000!”

Web Design by: Purple Imp