As if we hadn’t heard enough about banks and lenders cheating customers into paying for worthless Payment Protection Insurance (PPI), yet another tale of bankers greed has emerged. Roy Barker, 56, paid £22,000 in PPI payments ALONE to FirstPlus, a subsidiary of Barclays. Then. when Roy fell ill with Cancer and couldn’t make his loan repayments, he tried to claim on his £22,000 insurance policy only to find he was not eligible due to mis-selling. As if that wasn’t enough, FirstPlus then started repossession proceedings.
With this level of deceit and irresponsibility it’s no wonder that the number of PPI claims being made against lenders has reached an average of 750 a week. Thankfully, Roy complained to the Financial Ombudsman about his situation and now he has secured his home and had the PPI payments refunded. The banks can’t get away with this disrespect any longer and you can read the entire story at the Daily Mail’s website.
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