Reclaiming mis-sold PPI from banks can be a daunting task,
especially if they turn around and refuse the claim for whatever
reason they may have. This can be a little crushing, particularly
if a person is 100% sure that they were mis-sold the PPI.
There are many examples of banks still making it difficult to
claim PPI compensation or taking extraordinary amounts of time to
process them, which is causing a lot of unhappy clients who have
already been hard done by to seek guidance and help from Claims
Management Companies (CMCs) and the Financial Ombudsman.
An
interesting article in The Observer recently pointed out a
bizarre occurrence when a man from Bath tried to claim for mis-sold
PPI from Halifax.
After switching his mortgage away from Halifax six years ago and
stopping the policy he had taken out with them after he realised he
was not eligible to make a claim, he phoned up and tried to reclaim
the money back from Halifax, who asked for his PPI policy
number.
Due to not having this number (although he did have an old
mortgage number), the clerk insisted that there was nothing the
bank could do until he said that he was told by the Observer
newspaper that he had every right to make a claim.
Mentioning The Observer obviously meant a lot to this clerk, who
told the claimant that there was a special phone number that when
it was answered, only needed his name and address to find his file
and led to him eventually reclaiming £4,500 including £1,000
interest six months later.
If anyone is facing barriers like this when claiming for
mis-sold PPI compensation from banks, a reputable claims management
company such as Claim Financial could be of great help in taking
the next step towards claiming back money that the bank should not
have taken.
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