Got a loan, credit card, mortgage or any kind of borrowing with one of these guys…
If so, there’s a good chance you may have a PPI claim worth following up on. These lenders are all owned by the Lloyds Banking Group, the financial institution that has the unflattering title of being the most complained about bank when it comes to payment protection insurance (PPI). In fact, the report by the Financial Ombudsman Service (FOS) suggests that the number of PPI related complaints made by borrowers about Lloyds Banking Group was higher than Santander, Barclays and RBS put together.
In total, the FOS dealt with 22,420 complaints from Lloyds customers in the first half of 2010. Of these, around 35% were about mis-sold PPI coming in at just under 8,500 cases.
Should you need motivation to make a PPI claim, consider this: the FOS agreed in more than 60% of all the cases that PPI had been mis-sold by the Group despite the bank only agreeing in 12% of cases. Don’t let them shrug you off, GET YOUR MONEY BACK!
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