Marks and Spencer PPI claims – Not just any claim…
Marks & Spencer was founded in 1884 in Leeds by Michael Marks and Thomas Spencer.
It’s widely known as a retailer of clothes, luxury food and home products, but in 1985 it began financial service operations.
Starting with the M&S Chargecard in 1985, Marks & Spencer began offering personal loans in 1989 and ISA accounts in 1999.
The trading name of Marks & Spencer Financial Services plc is M&S Bank.
More recently M&S Bank started providing customers with savings accounts, and have partnered with banking giant HSBC.
Marks & Spencer scandals
Customers of M&S Bank have been receiving compensation for another type of mis-sold insurance, as well as PPI!
An extra insurance policy provided by the insurance company CPP was sold by a variety of banks.
In the case of M&S Bank, this policy was known as ‘Card Safe’.
These extra policies were a complete waste of money as it added nothing to the insurance already provided by the banks.
As reported in The Telegraph newspaper, up to 7 million people have been paying for this useless insurance and the banks have been ordered to pay out around £1.3 billion in compensation.
Added to this is the huge amount of compensation owed to Marks & Spencer’s customers for the mis-selling of PPI.
This 2012 article reports that the PPI scandal is expected to cost Marks & Spencer’s banking arm £52 million!
Making a Marks and Spencer PPI Claim
If you have had a loan or credit card with Marks and Spencer within the last 25 years there’s every chance you’ll have been paying for PPI.
We’ve made claiming easy, taking the stress out of you having to deal with the paperwork, the stress, and the tactics employed by the bank to try and wriggle out of paying.
So….how do you start your claim?
#1: The first option for you is to fill in the form which can be seen on every page. By doing so, we will send you out a form in the post for you to complete. Once we’ve received the form back in the freepost envelope we send you with your form, we can make a start on your Marks and Spencer PPI claim.
#2: The second option for you is to download our form, which again can be found on every page by clicking the ‘download pack’ button. Simply print it out, complete it and send it back to us, our address can be found here. Once we receive is back we’ll let you know and make a start.
Our team of experts are on hand to answer any questions you have via telephone, email or our live chat facility.
So….why wait, let’s get started!