August 2019 - The PPI Deadline
In recent years, the banking industry have had to pay huge sums of money in compensation for their part in the PPI scandal, and the story hasn’t ended yet. There are still thousands of claims in the pipeline, and there’s still time to mount one for yourself. If you were mis-sold Payment Protection Insurance that was added to a loan, a credit card, a mortgage, a store card or a catalogue account, we’d like to hear from you.
It should be noted, however, that time is running out. The PPI deadline day is set for August 2019, and once that deadline passes the authorities will not hear any new claims. Here at Beat the Banks, we have helped a significant number of people to obtain sizable compensation pay-outs, and we continue to take the fight to those companies that behaved so poorly in the past.
If you’re concerned about not having enough time on your hands to involve yourself in such a process, we can shoulder the burden on your behalf. You only need to give up a few minutes of your time to tell us your situation, and we can take things from there. One call to our friendly team on 0800 193 1234 is all that’s needed to start the ball rolling, so why not get in touch today?
Despite the fact that banks, building societies and credit providers have already paid billions, but industry experts predict that a fortune will remain unpaid because of so many people not bothering to claim. Given the level of wrongdoing that was involved, it seems a shame that in many instances the financial sector will get away with so much.
It was all about sell, sell, sell at the time
PPI policies were sold aggressively by target-driven sales teams, often to customers who had no need whatsoever to have them. Cover was often limited or even non-existent for many, but this didn’t deter the lenders in any way. Their focus seemed to be all about selling, in a bid to increase profits during a lending boom that continued from the late 1980s onwards.
As soon as the first PPI claims were made, several banks and building societies – famous high street names that we once trusted – did as much as they could to deter claimants. The PPI scandal was a shameful episode in the UK’s financial history, and the way the major players behaved afterwards was surely just as shameful. The public really shouldn’t have been treated in such a way.
Here at Beat the Banks, we have been dealing with claimants for many years. We know how intimidated they have been when making a claim, we know how upset they were by the treatment they received, and we know how evasive many of the lenders have been in recent times. If you’re seeking help from the specialists that will bring you clarity in an extremely complex issue, all you need to do is contact us.
We have many years of experience in this field and a team that includes men and women who worked for long periods in the banking industry. They have all the expertise you need, and our policy of always seeking the full credit history of any transaction places us in a strong position to seek justice.
The specialist help you need and deserve is so easy to find. Just call our team on 0800 193 1234 or use our simple online contact form. This is your chance to make sure those who wronged you in the past are finally taken to task. We hope to hear from you soon.