MoneyBright may be able to help you to pursue PPI claims against Alliance & Leicester.
In 2008, the Financial Services Authority (FSA) fined Alliance & Leicester £7 million for large-scale mis-selling of PPI policies over the phone, noting that “A&L did not make it sufficiently clear that PPI was optional and it trained its staff to put pressure on customers where they queried the inclusion of PPI in their quotation or challenged advisers’ recommendations.”
Alliance & Leicester was bought out by Santander in 2008 and taken over in 2010 – it operated as a trading name of Santander briefly, but was fully incorporated into the company last year.
Alliance & Leicester provided mortgages and personal loans, as well as credit cards through a partnership with MBNA.
If you took out a loan, mortgage or credit card from the company before it was taken over, it is possible that you were sold PPI without knowing, or under false pretences. If so, we can help you claim compensation.
What constitutes mis-sold PPI?
You may have been a victim of mis-selling if you answer yes to any of these questions:
- Did you get incorrect or unhelpful advice about PPI?
- Did you feel you were treated unfairly?
- Did Alliance & Leicester fail to tell you PPI was optional?
- Did they imply the interest on the loan/card/mortgage would be lower if you took PPI?
There are a number of other regulations the company should have followed when selling PPI. We can help you establish whether any of those regulations were ignored, and we can take your claim forward to ensure you are properly compensated.
Fill in our enquiry form and we’ll call you back to discuss your claim.