Mis-Sold PPI Case Laws and Studies

21st September 2010

Lynne Thorius from South Shields claimed against MBNA for charging her thousands of pounds for Payment Protection Insurance Insurance policy she didn’t even ask for. When she took out a credit card with MBNA in 2002, she had clearly not agreed to the offer of PPI and had ticked the box ‘no thank you’ on the application form, however MBNA charged her £20 a month for PPI.

 

MBNA was at fault by admitting to Lynne Thorius she would not have been given the card if she hadn’t agreed to taking out the policy. She suffered harassment from MBNA when she defaulted on her payments. MBNA decided to increase the PPI amount each month to £30 and then would even let her claim on the policy!. The case was taken to Newcastle-upon-Tyne County Court where Deputy District Judge Jacqueline Smart ruled in favour of the Mrs Thorius due to the fact the Credit Agreement being in breach of the Unfair Relationships and Unfair Consumer Credit Act 1974, Section 78.

 

2nd December 2010

In the case of Carey vs HSBC Bank, Judge Waksman QC ruled that a lender could, under section 78 of the Consumer Credit Act 1974, provide, when asked in writing, a reconstituted version of original  agreement, which might be from sources other than the signed version. This is more for the leders who cannot provide your original agreement. However, the above ruling has not stopped us from claiming back several thousands of pounds from lenders.

 

Our Successful Cases

Mr A

We recovered £3942.00 for Mr A as he was not aware he had PPI on his loan. Miss H a Police Officer Again FAS recovered over £6200 for her, she was told that she would not qualifiy for the loan unless she took out PPI cover.

 

Mr G
Is a retired gentleman, who had PPI on his policy. FAS recovered £2465 Mr Gardner would not have been able to claim on the policy if he needed too.

 

Mrs H M
Was a teacher who would have been paid in full for 6 months if she had to have any time off work due to sickness. FAS recovered £5000 as she was she needed cover in the event of sickness. She already had it!!! These are just some examples of the types of claims we are coming across, and we are receving more and more enquiries each day.