Lots of lenders and brokers sold PPI’s without explaining they were optional and have since come under major scrutiny from the Financial Ombudsman and the FSA (Financial Services Authority).
Mystery shopping from the FSA has highlighted very poor behaviour in the industry and they have started investigating some major UK players.
The Financial Ombudsman has put the processing of individual complaints about unauthorised bank charges on hold, while the legal case is still ongoing in the High Court in London.
Complaints that have already been referred the Financial Ombudsman do not require any further action while the court case is being concluded. To find out more about getting your money back from the banks, simply fill out the 2 minute form or call us on 0800 840 72 91 and speak to a member of our team.
The Financial Ombudsman Service needs to know the final outcome of court case, before any decisions can be made about unauthorised overdraft charges. The law is one of the things that the ombudsman has to take into account when deciding cases.
Until the legal position has been clarified they will not consider any additional complaints regarding unauthorised overdraft charges. However, you can and should begin the process immediately as delaying could cost you a large chunk of the money owed to you.
It’s a totally pain free process and we don’t charge any upfront fees and run a strict No Win – NO Fee operation and will help you make a fast STRESS FREE Claim. To start your bank charges claim today, simply fill out the quick and easy form or give us a call on FreePhone 0800 840 72 91 and speak to one of our friendly advisors.
And remember: if you’ve taken out a loan, mortgage or credit card over the last 6 years you can also claim PPI compensation to get back unfair Payment Protection Insurance payments. Click here to find out more and make a claim.
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