I am positive many of you are becoming increasingly aware that there have been an alarming number of mis-sold products by the banks, such sales having contravened the Financial Services & Markets Act 2000.
From mis-sold PPI to endowment policies consumers are realising their rights and more importantly their right to claim compensation for these wrongly sold products. Some of which were sold as they held a higher commission rate for the advisor. A fact which is kept from the consumer.
Furthermore one of the big four banks in a past case of ours even admitted they did not even have the correct product in its portfolio to provide the client with at the time....a frightening thought.
In recent times this has become a paramount issue and has forced the FSA to analyse what individual institutions are up to...When a governing body such as the FSA are forced to take notice and employ such tough measures, then you know something is wrong. An educated guess would tell you that this mis-selling we here about in the media is just the tip of the iceberg.
It has certainly become a claimers market. The majority of claims management companies help only a consumer market, however these financial mis-sellings have occurred to business clients who have taken out business loans not personal loans. At http://www.itsinthesmallprint.com we specialise in helping business clients who have been mis-sold financial products in conjunction with their business loan.
Most business clients do not realise they may still have a claim even if the loan has now completed. Entitling you to all premiums you have paid, often this is to the value of several thousand pounds. Our most successful case to date was for £16,500 for a client, a considerable amount. This compensation that you may be entitled to is especially useful in the current economic climate, where extra capital can be a lifeline to many SME's.
If you currently have or did have a business loan then find out if you qualify for compensation and take our 60 second test at http://www.itsinthesmallprint.com/60_second_test.html
Kindest Regards
itsinthesmallprint Ltd
