The Awkward and Eye-Watering Truth Behind the PPI Claims Scandal [Infographic]

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The Awkward and Eye-Watering Truth Behind the PPI Claims Scandal [Infographic]

The PPI scandal is getting a bit boring now isn’t it? “You can claim today”, “don’t leave it till it’s too late”, “thousands refunded” – the press is full of marketing messages (not from us by the way, we don’t advertise at all and that includes those annoying texts!) and there seems to be an endless supply of claims companies ready to help you get a refund.

So, we thought – ‘let’s cut the baloney and show you the truth behind the PPI claims scandal‘ and we also thought that an infographic was the best way to do it. Be warned though, there’s some eye-watering figures in this little baby…

PPI Claims Infographic3

 

Sources:

http://www.ft.com/cms/s/0/6718e8aa-60d5-11e2-a31a-00144feab49a.html#axzz2ILMK3CXe
http://www.yorkshirepost.co.uk/business/business-news/ombudsman-takes-on-staff-to-deal-with-ppi-1-5307935
http://uk.reuters.com/article/2013/01/10/uk-britain-ombudsman-idUKBRE90909920130110
http://www.bbc.co.uk/news/business-21080468
http://www.bbc.co.uk/news/magazine-21029581
http://www.guardian.co.uk/money/2011/may/10/banks-hire-6000-handle-ppi-complaints
http://www.telegraph.co.uk/finance/personalfinance/insurance/9666881/Mis-sold-PPI-Delete-those-texts-and-claim-yourself.html
http://www.dailymail.co.uk/news/article-2211214/Is-end-unwanted-texts-PPI-firms-Two-men-face-250-000-fine-sending-millions-messages.html
http://www.bbc.co.uk/news/uk-politics-20448450
http://www.bbc.co.uk/news/business-21654732
Wikipedia for Miners and CICA scheme figures

COVID-19 ANNOUNCEMENT

MARCH 23RD 2020

At this time we are continuing business as usual however our team will now largely be working from home. This limits our phone contact availability. Customer support remains available Monday to Friday but please email in to info@oraclelegal.com with your query. We aim to get back to you within 48 hours. On receipt of PPI refunds our fees remain payable and can be paid via our website www.oraclelegal.co.uk/payments/ or via BACS. We are also working on some other areas of potential claim for you in connection with your PPI and will be in touch shortly where applicable to present this to you.

IMPORTANT:The last day we can accept a new claim is Friday 23rd August – midday – to ensure the paperwork is properly processed and lodged with your lender before the cut-off time.