TLW’s PPI team helps uncover a trail of Mis-Selling
TLW Solicitors Financial Mis-selling team have helped a client claim back thousands from the banks PPI mis-selling practices.
Mrs Morris from Middlesex was repeatedly told she needed to take out payment protection insurance by the banks on numerous occasions when she applied for lending.
Mrs Morris said, ‘I felt pressurised to take out payment protection insurance and was even made to feel as if it was a condition of the loan agreement. My husband had passed away and I needed to provide for my children so I felt obliged to take out PPI fearing I wouldn’t be approved’.
Mis-selling of Payment Protection Insurance was so widespread that thousands of lenders were affected. PPI was attached to loans, credit cards, and other types of credit agreements, it was often added without a borrower’s knowledge or like in Mrs Morris’s case sold on the premise that it needed to be taken out for the lending agreement to be accepted.
Mrs Morris was tied into paying several PPI Insurances, paying thousands back for cover that was largely not required and had been mis-sold, she said ‘It makes me feel very wary about the banks now, I’m in the middle of selling my house and I just don’t trust the banks as much as I used too. I also question what insurances are worth taking out and have any benefit’.
Mrs Morris was advised by a friend to contact TLW Solicitors, who had been delighted by a successful claims process for PPI compensation with TLW, Mrs Morris said ‘The quality of service with TLW was excellent, Marc and his team just got on with the job in hand and were always helpful. I was always kept informed and up to date and I’d definitely recommend to family, friends and colleagues; just like my friend did.
If you’ve been mis-sold a payment protection insurance policy within the last ten years, you may have been mis-sold and could be entitled to thousands back in compensation.
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