Posts tagged ‘banks’

Claiming back money from the banks

Finance

February 13, 2012

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If you have ever had a credit card, loan or mortgage in the past there is a very good chance that you may have been paying payment protection insurance to your bank.

Payment protection insurance was in most cases completely unnecessary and it would appear that most high street banks have been guilty of mis selling this to their customers.

The good news is that you can get your money back. Back from the banks that diddled you in the first place. You can do this yourself or get somebody else to do it for you, paying them a commission out of your your claim.

Claims are being made and the financial services authorities have actually told the banks to speed up the payout of claims to the public. So find out if you able to claim – there’s a good chance you will be able to.

Find out if you can claim back ppi here.

Claims can take several month to process, and will involve having to request statements from your bank, and filling out some online forms. Many people are getting thousands of pounds back this way.