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first plus PPI & rate hike,unfair relationship

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  • amersall
    amersall Posts: 17,035 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    And don't forget what "our friend" Ms Vorderman said
    "one affordable monthly payment" :rotfl::rotfl:

    She forgot to mention all the rate rises that were
    "Prudent for our business"
    "Because we can and will"
    "Because the CEO farted the wrong way" :rotfl::rotfl:
  • dunstonh
    dunstonh Posts: 119,624 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    First plus may not have been authorised to give financial advice. But they did do it.
    "A dedicated customer account manager looks after all your needs"
    "Don't wait a moment longer"
    "Your in safe hands all the way"
    They chose the protection product....

    That is not quite the same as financial advice. However, I can see why you think it is as it would The wording is certainly suggestive of advice. It could be enough to sway the FOS that it turned it into advice. However, advice or non-advice doesnt appear to be the issue here as First plus have upheld the complaint. So, it would be an argument about a point that has no impact on the final outcome.
    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.
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