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In yesterdays blog, we disscussed the fine imposed on the Internet Bank, Egg for mis-selling PPI. But it’s not just your Credit Cards and Loans that may have been mis sold to you, it’s all manner of finance products.

So it’s great news to hear that the net is closing in on all the companies out there that have been selling inappropriate PPI to ill-advised consumers. Recently, the FSA fined five car dealerships for mis-selling PPI to consumers without carrying out necessary checks or ensuring that the cover was suitable for the consumer.

The five motor dealerships were GK Group, George White Motors, Ringways Garages in Leeds, Ringways Garages in Doncaster, and Park’s of Hamilton, incurring a total of £175,000 in fines between them.

Officials from the FSA said that in this case; over two thousand customers had been put at risk with PPI policies that were not suited to their needs. If you have bought a vehicle from one of these dealerships, you could have a hefty PPI claim worth investigating.

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