How to write a letter to a bank regarding ppi
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PPI mis-selling: banks to write to up to 12 million customers
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Reclaim your PPI: template letter
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How to claim for mis-sold payment protection insurance (PPI)
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How to claim for mis-sold payment protection insurance (PPI) - Money Advice Service
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PPI: banks to invite customers to claim compensation - Telegraph
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Millions of customers who were sold payment protection insurance are to receive letters from their lenders explaining that their policies may have been mis-sold and telling them how to make a claim — an exercise the City regulator cost the banks billions of pounds. Over the next year letters will be sent to between four million and 12 million customers who bought the insurance, usually alongside loans and credit cards, to tell them they may be able to claim to have their premiums refunded.
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PPI was designed to cover repayments should policyholders fall ill or lose their job, but restrictive terms meant it was often sold to people who could never make a claim. This was rarely explained to customers and often people did not realise they had even bought insurance , as the premiums were rolled into the loan costs. The FSA is concerned that millions who were sold PPI alongside loans and credit cards have not come forward to get appropriate refunds.
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