Let Moneybrighr help you to pursue PPI claims against Lloyds TSB.
Lloyds TSB made the news back in May 2011 when it made the decision to put funds aside specifically for the purpose of compensating consumers who were missold payment protection insurance policies. It was no small pot either – in fact, Lloyds ‘put aside’ £3.2 billion specifically for the purpose of rectifying this mis-selling.
Lloyds’ decision was the first of its kind by a major provider in the UK and it put major pressure on other lenders to follow suit and invite consumers to reclaim.
Making a PPI Claim Against Lloyds TSB
As with PPI claims against provider, you could be eligible to make a claim if you were mis-sold the policy. Mis-selling, in PPI terms, includes many circumstances, including:
- You were not even aware that you had PPI!
- You were told PPI was compulsory
- You were told that PPI would lower the cost of the loan/mortgage/credit card
- You already had an alternative insurance policy that would have protected you in the event that you lost your income
- You were sold a PPI policy against which you would never have even been eligible to claim had you needed to (this could include you if you were retired, self employed or unemployed at the time the policy was sold to you).
What Next?
Even if you are not sure whether you had PPI on a loan from Lloyds TSB, it’s worth checking! There are lots of consumers who didn’t realise they had the policies, only to find out later that they did and this could very much constitute mis-selling on the part of Lloyds TSB.
At Moneybright, we could help you to:
- Determine whether or not you had PPI
- Determine whether or not it was mis-sold
- Claim compensation from Lloyds TSB
Get in touch with us today to find out if you could make a Lloyds TSB PPI claim.