The Bank of Ireland are under investigation from the Central Bank for mis-selling Payment Protection Insurance (PPI)

 

 

If you have taken out a Loan, Mortgage or Credit Card with the BOI in the last 6 years you may be due thousands of Euros in compensation..

 

Free Call Back

Please wait...

Have you been mis-sold PPI by Bank of Ireland?

If you have taken out a Loan, Mortgage or Credit Card with the Bank of Ireland within the last 6 years the answer might be yes. PPI is an insurance product which is sold alongside forms of credit and is designed to protect consumers in the event that they are unable to meet repayment terms. The problem with PPI however is that it was often sold as a compulsory product and to consumers who are not eligible to use its cover. PPI by law, has to be sold as an optional insurance product and only to consumers who are eligible for its cover and fully understand the terms, conditions and exclusions. If BOI sold you PPI on the basis that it was compulsory or without details of the product you may be entitled to compensation. The mis-selling of PPI is also particularly relevant to consumers who have used BOI.ie or BOI 365. Bank of Ireland Online Banking facilities will often ask consumers if they wish to take this insurance product but the exclusions and details of cover may not be clearly visible or easy to understand. Some consumers have even ticked the box for PPI whilst on Bank of Ireland 365 or boi.ie without knowing what they were signing up for. If you are a frequent user of Bank of Ireland Online and have taken PPI unwillingly or without knowing what it was you may have grounds to reclaim the premiums you have paid towards the policy plus associated interest charges.

Bank of Ireland under investigation

Due to the high volumes of complaints received in relation to mis-sold PPI the Central Bank of Ireland began investigating BOI along with other lenders in Ireland. This investigation recently progressed when the Central Bank of Ireland ordered BOI along with other lenders to carry out an internal review into all the policies sold since 2007. It is expected that as many as 300,000 ppi policies sold since 2007 have been done so incorrectly and it is expected that millions of Euros in compensation will be refunded to consumers. If you have been sold PPI by Bank of Ireland within the last 6 years there are many ways in which you might have been mis-sold this product. Below we have listed some areas of mis-selling. If you can answer yes to any of the following you may be entitled to compensation from the Bank of Ireland.

  • Were you self employed or unemployed when sold PPI by BOI?
  • Did you feel pressurised by the Bank of Ireland to take PPI?
  • Did the Bank of Ireland advise you that PPI was compulsory?
  • Were you sold PPI by the Bank of Ireland when you had just started a new job?
  • Did the BOI fail to advise you of the relevant exclusions in the policy?
  • Were the terms and conditions of the PPI policy not explained by Bank of Ireland?
  • Did Bank of Ireland fail to advise you that pre existing medical conditions wouldn‚t be covered?
  • Did you discover that you were paying PPI to Bank of Ireland without requesting it?
  • Did you take out PPI whilst on Bank of Ireland Online without knowing what it was?
  • Did Bank of Ireland sell you PPI whilst you were working part time or on contract?
  • Did you feel forced into taking PPI whilst on BOI 365 or boi.ie?

Have you been mis-sold PPI by Bank of Ireland?

Why not contact us on Lo-Call 0818 301 302 and get a FREE no obligation review of your case. A trained advisor will review your details and can quickly assess if you have grounds to make a complaint against boi.ie. If we identify mis-sold PPI during our review we can take on your case with no upfront costs and process your claim using our No Win No Fee PPI Claims Service. You could be entitled to thousands of Euros in compensation which and you might not even know about it.

We are here to service your needs and not your lenders!!

Take the Quick Claims Test

About Mis-Sold Bank of Ireland PPI

Bank of Ireland as mentioned above is currently under investigation from the Central Bank for mis-selling PPI. It is expected that the BOI along with other lenders in Ireland are going to have to repay hundreds of millions of Euros once the full extent of the mis-selling has been identified. The BOI along with other lenders have sold PPI on Loans, Mortgages and Credit Cards and not always with the correct procedures in place. As a result of this it is expected that hundreds of thousands of PPI policies have been mis-sold in Ireland since 2007. Recently the Central Bank of Ireland ordered the BOI to carry out an internal review into all ppi policies sold since 2007. This is a positive step forward for the consumers who have been affected by this mis-selling scandal. It is expected that this internal review will take as long as 9 months to complete due to its complexity but we consumers do not need towiat this long to start their claims. By contacting us we can evaluate your case now and begin the reclaim process immediately. To find out more on our Bank of Ireland PPI Claims service please read below.

Our Bank of Ireland PPI Claims Service

If you believe you have been mis-sold PPI by BOI we can help. You can request a call back on this website or you can call our claims team on Lo-Call 0818 301 302 for a FREE no obligation review of your case. During this review we will ask you a number fo questions and details on your case which will help us to quickly identify if you have been mis-sold ppi. If you have we can take on your case without charging you a single cent in upfront fees or charges and process your claim on a No Win No Fee Service. We were the first company in Ireland to offer consumers a No Win No Fee service for PPI Claims and have been operating in this industry since 2010. We are experienced, respected and professional when it comes to PPI Claims management and we have already reclaimed tens of thousands of Euros for our customers. If you think that you may be due a refund from Bank of Ireland contact us now for a FREE review…

About Finance Claims

We are proud to say that we were the first company in Ireland to offer consumers a No Win No Fee claims service for processing PPI Claims. Since 2010 we have campaigned against the mis-selling of PPI and we have appeared in tv shows, newspapers and radio shows discussing this scandal so that some much needed press attention was brought to this industry. Not only have we been very vocal in this industry but we have also been able to offer consumers peace of mind when they use our services. Not only do we offer a No Win No Fee PPI Claims service but when we take on a claim we do so without requesting a single cent in upfront fees or charges. By using this service we have been able to reclaim tens of thousands of Euros for our customers without them having to pay us anything in advance. We are committed to helping our customers get the compensation they deserve without them having to pay any fees in advance. To hear more about our company and in particular our Bank of Ireland PPI Claims service why not contact us now for a free review…

Recent Wins

Free Call Back

Please wait...

Take the Quick Claims Test

We Deal With

we-deal-with-banks

we-deal-with-banks