It is with great pleasure that we bring you this press release from Northern Ireland Claims today. The PPI “scandal” has been front and center form many individuals and families, and we are happy to provide you information here that will help relieve some of your stress related to PPI claims refunds.
Making use of the services of a claims management company when trying to recover the money owed on your mis-sold PPI policy can help you enjoy many advantages. For starters, you need not worry about who is in your research. You will have the expertise and experience of the claims specialist at your disposal.
The payment protection insurance scandal was unearthed several years ago but only following a protracted court case was it found that banks acted unlawfully in the selling of payment protection policies. The end result is a bill currently getting close to £20bn for the major lenders and a slew of disgruntled and disappointed borrowers who are understandably annoyed at having been sold a policy that was not right for them or that was mis-sold to them in some other way. Continue reading
Global banking giant HSBC has reported a huge surge in profits, reaching £5.4bn for the first three months of the year, a 95% increase in profits when compared to a year earlier. The bank has shed tens of thousands of jobs, continued with cost cutting exercises, and witnessed a reduction in bad debts while chief executive Stuart Gulliver said that the industry was heading into “calmer waters” with regards to PPI and other scandals. He also warned, however, that further job cuts were inevitable.
Barclays holds the dubious honour of being the most complained about bank during the second half of 2012, thanks largely to the PPI scandal that continues to rock the financial and consumer worlds. The Financial Conduct Authority, which took over from the Financial Services Authority at the beginning of this month, said that the group received more than 400,000 complaints in the whole of last year and this made them the most complained about financial company. The majority of these and other complaints were regarding the mis-selling of payment insurance. Continue reading
Employment group Manpower has said that more than 20,000 new jobs have been created simply to deal with PPI complaints. What’s more, this figure only takes into account the jobs that have been created at banks and lenders, and there are likely to be considerably more than this working within claims companies. While the new jobs are likely to be short term, unless there is another major financial scandal, they helped boost the final outlook of the quarterly review that is put together by Manpower.
The number of complaints that the financial ombudsman is receiving has increased even further and the watchdog is now fielding an average of 2,000 calls every single day. The PPI scandal certainly doesn’t look like it is set to break and there are more people than ever complaining both to financial organisations and to the ombudsman. What was initially estimated to cost banks around £4bn has already surpassed that figure and major lenders have set aside around £14bn in funds to pay reclaims. These figures continue to increase as Continue reading
The staff and management team at Northern Ireland Claims, one of the nation’s most prestigious and well regarded Payment Protection Insurance (PPI) claims specialists, is extremely pleased to put out this Press Release today. We believe that we can help many of you with your PPI claims in NI. If you, or someone you know, need our help just call us at call 0800 652 3875 and one of our knowledgeable agents will be pleased to talk to you. Read on to find out how we can be of service. Continue reading
Northern Ireland Claims, Northern Ireland’s top PPI claim specialist, is extremely proud of its association with the fight to help the common consumer get back Payment Protection Insurance (PPI) refunds from some of the largest financial institutions in the UK. Through today’s Press Release, we are pleased to share additional information about how you too can expedite your PPI refunds by working with one of our claim specialists. Continue reading
Northern Ireland Claims, the foremost PPI claims specialists in Northern Ireland, are extremely pleased to provide this press release as a public service to millions of unsuspecting consumers that may be affected by PPI. Please read on to find out how we can help you file PPI Claims in Northern Ireland, to help you get back as much as £4,000 in as little as 8 weeks!