Egg PPI Claims
Do Egg owe you money for mis-sold PPI?
Egg is a former UK internet banking company which offered loans, mortgages and credit cards they have now been renamed Canada Square Operations. A small portion of their credit card accounts were sold to Barclaycard when the name was changed. Read on to find out more about Egg PPI Claims.
If you took out a finance agreement with Egg it’s possible you were also sold payment protection insurance which was sold to protect allow consumers to continue making repayments on their finance if they could not work because of accident, sickness or unemployment.
Unfortunately, many Egg PPI policies were mis-sold to people who didn’t want them, didn’t need them or could not have made a claim because of an exclusion clause built into the policy.
The company were fined £721,000 in December 2008 for serious failings in its telephone credit card sales between January 2005 and December 2007, including adding PPI to a credit card without the customer’s knowledge or consent.
Was my Egg PPI mis-sold to me?
Although thousands of people have already made a claim for mis-sold PPI there are thousands more who haven’t done so because they’re not sure if their policy was mis-sold or not.
Ask yourself these questions:
- Did Egg pressurise you into taking out PPI?
- Do you feel the PPI advice Egg gave you was fair and accurate?
- Were you unemployed, self-employed, a student or retired when you took out the agreement?
- Did your employer offer full sick pay?
- Were you even aware that PPI had been attached to your agreement?
If any of the above applies to you then you were possibly mis-sold your PPI policy and could make a claim to get back any money that’s rightfully yours.
Claiming back PPI
Gladstone Brookes offer a Free PPI Check** to get you started. Should you decide to pursue a claim through us if PPI is found, we will treat your case with the utmost care. Getting started with Gladstone Brookes is simple. Just call us on PPI check form on our website.or fill in the
For any claims pursued, we aim to recover 100% of any premiums that you have paid, plus any interest paid on those premiums and where possible a further 8% in statutory interest.
Gladstone Brookes has a 91%‡ success rate on the claims we make on behalf of our clients and we have already recovered more than £1 Billion± from claims against a wide range of lenders.
Making a claim
If you decide to pursue a PPI Claim through Gladstone Brookes, once we issue a letter of claim to Egg, the lender should acknowledge it as soon as possible and then our average timeframe is 8-16 weeks from the date of that acknowledgement to a final decision being made.
If your Egg PPI claim is a success, the compensation will be paid direct to you and Gladstone Brookes will then invoice you for our fees which are 20% + VAT° of the total redress offered by your lender, including any reduction of any outstanding agreement, which if in place the PPI may be cancelled. If we are unsuccessful there will be no charges whatsoever†.
Of course, your claim might also be rejected, but if that happens Gladstone Brookes will assess the terms of the rejection and advise you whether or not an appeal to the Financial Ombudsman Service (FOS) to overturn the decision might succeed.
It’s all part of the same no win no fee† service. Our specialist team will carefully examine the rejection letter and, if they feel there is the chance they can get the decision overturned, they will compile all of the information required to appeal to FOS.
Did Egg sell you PPI?
To start a PPI check and find out if you were sold PPI, which you could reclaim, simply fill in our online form. Start My PPI Check