MSE News: Banks wrongly reject PPI complaints, despite admitting mis-selling

ppidisgrace

would you be in favour of the banks adopting practices that reduced the cost for cmcs that in turn could be used to reduce the costs to customers?

[Deleted User]

ppidisgrace wrote: »

would you be in favour of the banks adopting practices that reduced the cost for cmcs that in turn could be used to reduce the costs to customers?

I'd be in favour of nothing that encourages people to use expensive claims management.

magpiecottage

ppidisgrace wrote: »

you obviously have not seen evidence of claims made by banks that that following intervention the claim value substantially increases far in excess of costs charged?

That might just be because it is untrue.

However, it is interesting to see how you take no notice whatsoever of your regulator's instructions.

ppidisgrace

would you be in favour of the banks adopting practices that reduced the cost for cmcs that in turn could be used to reduce the costs to customers?

ppidisgrace

That might just be because it is untrue.

ok , so you talk from ignorance then as have no knowledge, i do, i rest my case

ppidisgrace

Moneyineptitude wrote: »

I'd be in favour of nothing that encourages people to use expensive claims management.

that is the point, it would make claims management services less expensive to the customer, in favour or not?

magpiecottage

ppidisgrace wrote: »

that is the point, it would make claims management services less expensive to the customer, in favour or not?

The cost of doing it yourself goes up from 36 pence to 50 pence this weekend.

ppidisgrace

the fact that you cant answer that questions says it all about you, and your place on this forum, flippant answer to a serious question,
sorry i guess your vested interest head prevents you from answering this question, just goes to show you hey

misschicken

What practices were you suggesting?

magpiecottage

ppidisgrace wrote: »

the fact that you cant answer that questions says it all about you, and your place on this forum, flippant answer to a serious question,
sorry i guess your vested interest head prevents you from answering this question, just goes to show you hey

I do indeed have a vested interest. If my clients get a complaint then I have to investigate it - even if it is fraudulent.

So it is to my advantage that you keep doing so.

However, you STILL have not explained why you continue to post with blatant disregard to Client Specific Rule 12 on page 8 of the Conduct of Authorised Persons Rules 2007 issued by your regulator the Ministry of Justice.