Bank Of America PPI Claim
Bank Of America
PPI Claim Form
Have you ever had PPI with Bank Of America?
If you answer "No" to any of the below questions, there's a very good chance Bank Of America mis-sold you PPI:
Bank Of America should not have added PPI to your agreement without your permission.
Bank Of America should have given you the unpressurised option of having PPI.
PPI would not have been needed from Bank Of America if you had pre-existing PPI cover elsewhere.
Bank Of America should have explained the cost of PPI to you at the point of sale.
If over 50% of your PPI premiums were paid in commission to Bank Of America and this was not explained to you, the "Plevin" ruling means you were mis-sold.
Again, Bank Of America should have given you the option of having PPI or not.
Your right to cancel PPI within the cooling off period should have been explained to you by Bank Of America.
To start your Bank Of America PPI claim, follow our simple 4 step guide above.
My Claim Solved have had great success in reclaiming PPI for customers against Bank Of America and so far we have reclaimed over £42m* for our clients in PPI mis-selling.
If you were mis-sold PPI by Bank Of America, and the claim is successful, you would be entitled to a full refund of PPI premiums you paid to Bank Of America, a full refund of interest charged and compensation interest at 8% per annum on the above sums.
Don't Delay! If you would like to start your PPI Claim against Bank Of America, complete the form at the top of this page.
* PPI refunds obtained through our claims service, amount is prior to our fees plus VAT and any income tax.
Many customers may have been mis-sold PPI (Payment Protection Insurance) by Bank Of America, PPI may have been attached to a customer's policy by Bank Of America, in some cases without their knowledge. Bank Of America may have denied a credit application if PPI was refused by the customer.
Bank Of America PPI wasn't all bad, it was intended to protect borrowers' from being unable to make repayments if they were unable to work due to illness or injury. The problem was how PPI was mis-sold by Bank Of America.
There are many examples of Bank Of America mis-selling PPI, some consumers were not even made aware by Bank Of America that PPI was attached to their policy, and if the customer was made aware that PPI had been added, they were not informed by Bank Of America that it was optional.
A new PPI mis-selling factor called "Plevin", which means if over 50% of the PPI premiums you paid were set out as commission to Bank Of America, and this was not clarified to you at the point of sale, then you would be due compensation from Bank Of America.