British banks on Monday gave up the fight against compensating customers who were mis-sold payment protection insurance on mortgages loans and credit cards, and now face a compensation bill estimated at 4.5 billion pounds ($7.4 billion).
A High Court ruling in the UK regarding payment protection insurance means that millions of people who took out policies could now be entitled to compensation.
The insurance is supposed to cover loan and credit card repayments for those who become too sick to work, or lose their jobs.
But many policies were mis-sold to people who didn’t need them or who were ineligible to claim.
So if you think you were mis-sold payment protection insurance why not contact JD LAW to see if your are entitled to making a claim. JD LAW only work on a no win no fee basis!
Here are some examples of previous claims