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'Borrowers 0 - Lenders 3'...oh no!
Brassica
Posts: 74 Forumite
"There have been three judgments dealing with Consumer Credit Act test cases that lenders need to be aware of. Dealing with allegations of payment protection insurance premium mis-selling, mis-statement of APR rates and breach of the Insurance Conduct of Buisness Rules, the judgments are all in favour of the lenders.
These judgments are the latest in a line of robust judgments which should help curtail a number of claims being brought by borrowers, often encouraged by claims management companies. Wragge & Co's experts review and comment upon the cases."
http://www.wragge.com/analysis_6205.asp#PPI_policy
These judgments are the latest in a line of robust judgments which should help curtail a number of claims being brought by borrowers, often encouraged by claims management companies. Wragge & Co's experts review and comment upon the cases."
http://www.wragge.com/analysis_6205.asp#PPI_policy
0
Comments
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oh dear. Looks like we can expect some more claims companies to go into administration over the coming months.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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