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PPI Claims - About PPI

PPI Claim News - 30/12/2009

 
PPI Charges: The Noughties in retrospect

The last decade is one that has been characterised by financial strife, with "widespread problems" regarding payment protection insurance (PPI) one thing leaving a bad taste.

That is according to the Telegraph, which also characterised the Noughties as a period in which financial jargon such as "subprime mortgages" and "toxic debt" became part of everyday vocabulary.

Beyond the recession of recent times and the collapse of Lehman Brothers that it provoked, the last decade also saw the dotcom bubble burst and a number of financial scandals.

Among the most notable of these was the fiasco surrounding PPI, and many people are still attempting to reclaim unjust PPI claims.

However, the newspaper also selected the Bernie Maddoff Ponzi scheme, the furore surrounding mis-selling of precipice bonds and the collapse of split-capital investment trusts as some of the fiscal 'lowlights' of the decade.

Last week, the Daily Mail reported on claims made by the Financial Ombudsman Service that major concerns remain over the practice of selling PPI, despite industry intervention.

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-19534668-ADNFCR



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