PPI Refunds UK - The Mis-Sold PPI Story
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Uploaded by PPIRefundsUK on May 10, 2011
PPI Refunds UK - http://www.ppirefundsuk.co.uk
The Mis-sold ppi STORY...
1991 - The Big Mis-Sold PPI Scandal begins with customers being ripped off...
2006 - After several years, the Financial Services Authority (FSA) begin charging smaller firms for mis-selling PPI...
2007 - The FSA imposes fines on major PPI providers for not treating customers fairly...
Alliance & Leicester £7,100,000
HFC £1,085,000
Liverpool Victoria £850,000
Swinton Group £770,000
Egg £721,000
GE Capital £610,000
Loans.co.uk £455,000
Capital One £175,000
May 2008 - Which? publishes research into PPI sold alongside loans. 2 Million people have been sold a policy they will never be able to claim on...
July 2008 - The Financial Ombudsman Service ask FSA to Investigate how firms are handling PPI Complaints...
Sept 2009 - The FSA outline how PPI complaint handling can be improved...
Oct 2010 - Banks seek judicial review of new measures...
Jan 2011 - High Court case begins...
April 2011 - High Court judge rules against the Banks...
9th May 2011 - The Banks decide not to appeal against the ruling...
9th May 2011 - To date, Millions of people have been ripped off and are victims of mis-sold PPI...
WHO ELSE HAS BEEN MIS-SOLD PPI?
To find out if you have a claim and to get YOUR money back... Call PPIRefundsUK on freephone 0800 840 7292 or visit www.ppirefundsuk.co.uk
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