March 15, 2010
About Bank Charges « Loans and Mortgage
If you have had a loan, credit card or finance of any kind in the last 6 years it is likely that you would have been offered Payment Protection Insurance . What you may not know however is that this payment protection insurance may have … It is estimated that there are 20 million mis-sold PPI policies in the UK and right now thousands of consumers are reclaiming these payments with average payout of £2500. Not only are consumers able to Reclaim Unfair Bank Charges for …
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About Bank Charges « Loans and Mortgage
Filed under MPPI by on Mar 15th, 2010. 
Comments on About Bank Charges « Loans and Mortgage
Just on a different point. Secured borrowing on property can lead, it now seems, lead to finding you have been mis sold mortgages.
I read earlier this year that a lady who borrowed less than 10k with her home as security lost her job, was told that the payment protection insurance could not payout because of implications to do with her partner (the main bread winner).
The solicitor she contacted found traces of severe professional negligence and ended up making a claim against bother the mortgage broker and lender for wrongfully giving her a self cert mortgage.
This is just one example of why credit is, as you put it, “so hard to come by”.
I am one of the millions of people who put a claim in to get our money back from unfair bank charges, to be put in a pending folder whilest the test court case took place back in 2007.
When the banks have lost and will need to pay back the money to their customers; do we as the pending appeals come first to be paid back or do we need to do it all again?
Patiently waiting out of pocket costomer for 8 years of Halifax.
I think if you live in the UK and you have a mortgage, you should consider some form of UK mortgage protection like this. As far as I know British insurance offer the best and most affordable policy available today. Unfortunately i was not aware that I didn’t have to go to my mortgage provider to get cover for mortgage payment protection insurance..I think I paid about twice that for my MPPI insurance. Ah well, at least it kept a roof over my head!
RT So we scammin afterschool or wat…#GradeSchoolSwagg