Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News - 16/11/2009

 
Credit Card PPI: Claims against banks to become easier

The government is preparing legislation which would make it simpler to claim damages against banks and allow consumers to group together to take on financial institutions, Reuters reports today (November 16th).

Under the new rules, the Financial Services Authority (FSA) will be able to do more to assist people claiming against banks.

Rather than courts having to assess each individual claim separately, law suits against a bank for mis-selling or unfair charges would be considered collectively.

This would put consumers in a more powerful position and reduce the cost of taking action against mistreatment by banks.

The changes are likely to form part of the Queen's speech this Wednesday, which is expected to focus particularly on improving financial regulation.

Action to regulate bankers' bonuses is also expected to be announced in the speech.

For free advice on how to make a PPI ClaimPayment Protection Insurance claim or a credit card charges claim then call Belmont Thornton on 0845 526 0000 or fill in the Quick Claim form to be sent a free PPI Claim pack or credit card charges claim pack.ADNFCR-2776-ID-19461986-ADNFCR



Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B16, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide