No Additional Payment for PPI Claims

Financial institutions and other organizations of consumers are going to have a meeting to discuss the cost of utilizing claims management firms for claims on the PPI or Payment Protection Insurance. Consumers who think and have evidence that there was a wrongful transaction on the PPI have the right to apply for compensation by sending a letter to the providers. However, there are a lot of people who have used claims management firms who ask for payments for other payouts on the PPI. For the meeting on Monday, several members of the financial institutions in question will have discussions that are all aimed to restore consumer trust for this program. Companies for credit cards will also be present at the meeting. There will be another meeting that will be attended by members of claims management firms.