HSBC And PPI, The Facts

  • £400 million

    During 2016, HSBC as a group, set aside nearly £400 million to meet the cost of mis-sold PPI.

  • 5.5 million

    It's estimated, that HSBC group sales of Payment Protection, totalled somewhere in the region of an astonishing 5.5 million policies.

  • Payment Protection Insurance Sold On

    its range of loans, mortgages and credit cards, as did it's First Direct telephone and internet banking arm.

  • Final Countdown

    Time is running out to make a claim against HSBC for mis-sold PPI, the time to act is now. 

Reclaim PPI From HSBC

Were you ever a customer of HSBC? You may be owed thousands in PPI, claim before the deadline or your money will be lost.

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Or call us : 0800 1931 234

Reclaim PPI From HSBC

HSBC And PPI

If you have had a loan mortgage or credit card with HSBC or it's HFC subsidiary then, you may well have been mis-sold PPI.

During 2016, HSBC as a group, set aside nearly £400 million to meet the cost of mis-sold PPI. Their total bill at that point was close to hitting £3.5 billion. It's estimated, that group sales of Payment Protection, totalled somewhere in the region of an astonishing 5.5 million policies.

HSBC, through it's branch network, sold Payment Protection Insurance on its range of loans, mortgages and credit cards, as did it's First Direct telephone and internet banking arm.

HFC on the other hand, through its network of branches all over the UK, tended to lend to people with poorer credit records. Staff, were heavily incentivised to sell PPI on both secured and unsecured personal loans. As well as trading under the HFC banner, they also operated under the names of Beneficial Bank and Household Bank.

Marbles was yet another well known trading name used by HFC. They offered credit cards, as well as loans. Launched back in 1999, it was one of the very first UK credit cards to operate online.

At Beat the Banks we are experts in recovering old records from the whole HSBC group. Using your full rights under the Data Protection Act 1998, we can normally retrieve original borrowing agreements, applications, statements and account notes. Unlike the rest, we don't guess. Our claims experts are all ex-bank lending managers too. Every single claim, no matter potentially how big or small receives exactly the same professional approach.

If you believe that you have been mis-sold PPi by HSBC or any it's extensive group and would like to know more, you can contact the Beat the Banks team on 01382 200474 or for free on 0800 193 1234.

Beat The Banks Are Different

Find out why by watching our videos. We care, we fight your fight, and, we go back further and work harder to make sure you get more. Give your one chance your best chance with beat the Banks.

PPi - The Final Countdown

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In Financial Forensics

Contact us today, start your claim journey and together we will beat the banks.

Or call us: 0800 1931 234

Address

11 Albert Square, Meadowside, Dundee, DD1 1DD

Phone

0800 1931 234

Fax

+44 (0) 1382 201 284

Email

claim@beatthebanks.co.uk

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Beat The Banks

11  Albert Square

Meadowside

Dundee

DD1 1DD

 

Company Registration No: SC413541 PPI Reclaims (Scotland) Ltd Claims Licence number CRM29125.