Barclays follow Lloyds announcement. It will no longer take part in the legal action against tighter mis-selling rules for PPI according to Chief Executive.
Lloyds and Barclays announce that they will not appeal the High Court decision. The appeal allows Payment Protection Insurance mis-selling claims to be pursued retrospectively. This is due to new tighter regulations. Which came into force on 1st December. Royal Bank of Scotland and HSBC have become isolated in any challenge to the ruling.
Britain’s big banks have abandoned a controversial appeal over Payment Protection Insurance regulation. This has opened the way for billions of pounds in compensation for those who have been mis-sold policies. The British Bankers Association (BBA) said the legal action over the scandal which saw thousands of persons sold policies they did not need was…
DetailsConsumer Reclaim brings hope for customers of liquidated holiday club marketing company Incentive Leisure Group Hope for reimbursement for customers of Incentive leisure Group who used a credit card to pay for either part or all of their purchase for the Designer Way Vacation Club membership from Incentive Leisure Group! Consumer Reclaim is currently challenging…
DetailsConsumer Reclaim wins damages for client The client purchased a window treatment from Vistec. Vistec claimed the treatment would eliminate the need for cleaning his home’s windows. Outcome paves the way for other Vistec customers to seek damages.
DetailsNewlook Roof Coatings Ltd carry out rogue trading offences Director and Salesman each sentenced to 12 months imprisonment yesterday for rogue trading offences. Herefordshire Council’s Trading Standards Service, prosecuting barrister Tim Moores told the court that since September 2009 the company had done wrong. The company was cold calling victims who were predominantly elderly and vulnerable.…
DetailsElderly get protection from bullying rogues and unscrupulous doorstep salesmen Rogue traders who bully and scam vulnerable elderly people into paying for goods and services face a fresh crackdown today. Under new rules, victims will have 90 days to cancel the purchase and get a full refund.
DetailsUnlicensed door knockers knocking for claims all over the country are in breach of regulation Unscrupulous door knockers making promises about guaranteed compensation within very short periods of time. They are in direct breach of claims regulation and are acting unlawfully. Consumer reclaim urges customers to shut the door on the cowboys and to call…
DetailsA customer purchased roof and wall treatment from Aquashield They arranged finance for the customer through hitachi capital finance. The customer purchased the roof and wall treatment for the purpose of preventing heat loss. A supposed benefit of the aquashield product. Expert evidence supplied by consumer reclaim clearly demonstrated that the product did not prevent…
DetailsDirector of restore a roof admits to four offences. Following an investigation by North Tyneside Council’s Trading Standards team. Restore A Roof sold a roof coating treatment costing thousands to property owners across the North East, claiming it would extend the life of the roof and save money. This was all false as it was…
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