Plevin
If you didn’t make a successful PPI claim, only received a partial PPI or Plevin refund, or had your previous Plevin claim rejected – we can help you.
Plevin, the lesser-known sister of PPI Mis-selling, is a claim made against the commission charged on PPI premiums. In many cases, these commissions were not disclosed to the consumer, and often accounted for more than 50% of the total insurance premium.
Please contact us on:
Email: admin@centralchamberslaw.co.uk
Telephone: 0203 051 1866
No Win No Fee
Do not suffer in silence as you have rights and may be entitled to compensation for the distress and inconvenience. You may also be able to obtain an order / injunction to have works carried out.
Contact UsIn 2014 The Supreme Court ruled that failure to disclose large commission payments (anything over 50%), created an unfair relationship between the lender and the borrower. It was argued that, if Susan Plevin had been aware of the high percentage of commissions being paid to the lender, she would not have sought a cheaper insurance from elsewhere. Following this, the FCA’s guidelines suggested that consumers could claim back any commissions over 50% this is known as a Tipping Point Claim.
Susan Plevin’s case against Paragon Personal Finance set a precedent, which has led to thousands of individuals receiving compensation for cases previously rejected under PPI Mis-selling; as well as others who may have missed the opportunity to claim on PPI.
A Manchester County Court ruling in 2018, ruled that individuals should be entitled to a full refund of the insurance premiums where commission is undisclosed. This has increased the value of Plevin claims as well as allowing individuals who were previously awarded Tipping Point Claims, make a further claim for the remaining insurance premiums.
CCL assess individual accounts to identify where compensation is due and help individuals follow in these precedents and claim back the full value of their PPI premiums.
