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PPI CLAIMS DEADLINE
29th Aug 2019

Missold PPI Fines


Mis-sold PPI – Chronological List of Fines Issued to Banks, Lenders & Claims Management Companies from 2005

Date Firm Fine/settlement
Sep 2006 Regency Mortgage Corp Ltd £56,000
Oct 2006 Loans.co.uk £455,000
Dec 2006 Redcats £270,000
Jan 2007 GE Capital Bank £610,000
Feb 2007 Capital One £175,000
Jan 2008 HFC Bank £1,085,000
Oct 2008 Alliance & Leicester £7 million for mis-selling to customers from Jan 2005 – end of 2007.
Dec 2008 Egg Credit Card £721,000
Jan – Sep 2011 Various Firms £776 million
(£102m in May/June 2011)
Jan 2013 The Co-op Bank £113,300
(for delaying complaints)
Feb 2013 Lloyds Banking Group £4.5 million
(for delaying compensation payments)
Apr 2015 Clydesdale Bank £20.7 million for serious failings in its Payment Protection Insurance (PPI) complaint handling processes between May 2011 and July 2013
Jun 2015 Lloyds Banking Group £117 million for the way it handled complaints about payment protection insurance
Jun 2015 Rock Law Ltd £570,000 for “coercing clients” into making payment protection insurance (PPI) claims.
Nov 2015 UKMS Money Solutions Limited (UKMS) £80,000 for using mobile phone numbers it had bought from list brokers to send spam texts to encourage people to make a claim without first seeking their permission to receive marketing text messages.
Jun 2016 CT Capitals £2.36m for the way it dealt with PPI complaints

Source: FCA

LATEST NEWS – MIS-SOLD PPI FINES



PPI Deadline

IMPORTANT NOTICE!

WE ARE NO LONGER ACCEPTING NEW PPI CLAIMS!

The PPI deadline has now passed and we are no longer accepting any new PPI claims.

Please be assured, if you have already enquired about a PPI Claim with Money Management Team Limited we are processing your enquiry and will update you as your claim progresses. If you need an update in the meantime, please contact us.

You can pursue your own claim direct to the firm to obtain a refund. You can do this for yourself at no cost and then use the Financial Ombudsman Service or Financial Services Compensation Scheme (FSCS) which are both FREE.

£Millions Remain Unclaimed!

Important Information

Please Note: Your PPI Claim starts with a Free PPI Check service. Our PPI Claim fee of 20% + VAT (so 24% of the total redress offered by your lender) is payable if your claim is successful. That means if we don’t recover you anything, you don’t pay us a penny.


You can submit a claim directly to the lender yourself for no charge. You can also approach the Financial Ombudsman Service and Financial Services Compensation Scheme for free to review your case, providing it falls within their remit and you have approached your lender first.

PFCA MEMBER

PPIClaims.com is a trading style of Money Management Team Ltd. Money Management Team is a member of the Professional Financial Claims Association (PFCA).
We comply with the PFCA Code of Practice

DECEASED PPI CLAIMS

Deceased Persons

If a PPI policyholder is deceased, any money owed to them becomes part of their estate, so whoever inherits the estate is entitled to make a PPI reclaim. This can be done by an executor or the person appointed to carry out their wishes after death. We automatically assume that reclaiming mis-sold Payment Protection Insurance (PPI) for deceased parents and grandparents may not be possible due to the passage of time.

However, the truth of the matter is it is quite straight forward to make a successful claim for mis-sold PPI for someone who is deceased.

To reclaim mis-sold PPI start with a FREE PPI check** with us today.

Armed Forces Personnel & PPI

Armed Forces PPI

Armed forces personnel have cover for sickness, accident & unemployment built into their salaries. This protection means that if a member of the armed forces was unable to work due to one of these reasons, they would still be able to meet any mortgage, loan or credit card repayments they had. So any PPI insurance policies would NOT have been appropriate. To find out if you can reclaim for mis-sold PPI, start a FREE PPI check** with us today.

UK Expats & Non-British Nationals

Expat PPI Claim

Did you have a loan, credit card or mortgage in the UK between 1988 and 2014? As a British Expat or Non-UK National who has lived in the UK for a long period, it is likely that finances were arranged while you were a resident in Britain. This may include loans, mortgages or credit cards and, even though you are no longer living in the country you can still claim mis-sold PPI. You could be eligible to claim for mis-sold PPI!

Public Sector Workers PPI Claim

Public Sector PPI

For many public sector workers, the Payment Protection Insurance (PPI) they were sold was useless. However, for some of these workers it would not have been useless, depending on the policy type and cover it provided them with.

If you had PPI and it provided you with extra cover that hadn’t been included in your employment contract, then it may have been useful for you.

Business PPI Check and Claims

Business PPI Claims - Mis-sold Payment Protection Insurance

Business PPI - Like most consumer PPI policies, business PPI also know as commercial PPI was sold alongside secured and unsecured loans, overdrafts, credit cards and mortgages. Business Loan Repayment Insurance is a type of insurance policy sold alongside commercial loans, including Fixed Rate Loans, Variable Rate Loans and Treasury Loans. If you had a commercial or business loan between 1988 and 2014 you may be eligible for a PPI refund. Start a Free Business PPI Check and find out if you have mis-sold PPI to reclaim.