{"id":57352,"date":"2012-05-05T04:10:01","date_gmt":"2012-05-04T21:10:01","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-hidden-costs-of-free-ppi-awards\/"},"modified":"2017-06-09T11:29:13","modified_gmt":"2017-06-09T04:29:13","slug":"the-hidden-costs-of-free-ppi-awards","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-hidden-costs-of-free-ppi-awards\/","title":{"rendered":"The hidden costs of &#039;free&#039; PPI awards"},"content":{"rendered":"<p>&#013;<br \/>\nIf you were mis-sold payment protection insurance, firms are desperate for a slice of your compensationIt&#8217;s free money, and all you have to do is press &#8220;yes&#8221; to claim \u2013 or so say the millions of spam messages that hit mobile phones almost daily. &#8220;It&#8217;s important! Our records indicate you may be entitled to \u00a33,450 from mis-sold loan insurance! To claim reply YES to this message. Thank you!&#8221; Or &#8220;Urgent! If you took out a bank loan prior to 2007 then you are almost certainly entitled to \u00a32,300 in compensation.&#8221;What the messages don&#8217;t tell you is that the claims company will rake off about a third of any &#8220;winnings&#8221;. And\u00a0nor do they tell you that you can just as easily do it yourself, without having to pay a middleman. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2012\/may\/04\/hidden-costs-free-ppi\" target=\"_blank\">The hidden costs of &#8216;free&#8217; PPI awards<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; If you were mis-sold payment protection insurance, firms are desperate for a slice of your&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-57352","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-eV2","jetpack-related-posts":[{"id":46209,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/just-one-in-five-complaints-about-potential-mis-sold-ppi-made-so-far\/","url_meta":{"origin":57352,"position":0},"title":"Just one in five complaints about potential mis-sold PPI  made so far","date":"March 3, 2017","format":false,"excerpt":"\r UK\u2019s financial watchdog sets final deadline of August 2019 for filing claimsBritain\u2019s financial watchdog has admitted that only one in five potential complaints about mis-sold payment protection insurance had been made so far, as it set a final deadline of August 2019 for filing claims.The cut-off of 29 August\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64260,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/has-vanquis-mis-sold-me-this-repayment-option-plan\/","url_meta":{"origin":57352,"position":1},"title":"Has Vanquis mis-sold me this repayment option plan?","date":"January 16, 2011","format":false,"excerpt":"\r I am trying to claim back from Vanquis credit card \u00a3216 in repayment option plan premiumsI am trying to claim back from Vanquis credit card what they call ROP but I believe is PPI (payment protection insurance). It cost me \u00a3216 in premiums and interest until I cancelled it.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bill-for-ppi-mis-selling-scandal-tops-40bn\/","url_meta":{"origin":57352,"position":2},"title":"Bill for PPI  mis-selling scandal tops \u00a340bn","date":"October 27, 2016","format":false,"excerpt":"\r Move by Barclays to set aside extra \u00a3600m further inflates already huge cost of UK mis-selling scandal to banking sectorBanks and financial services companies have racked up more than \u00a340bn in costs to handle the payment protection insurance scandal.The costliest mis-selling bill in UK financial services history became even\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3105,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-to-reclaim-ppi\/","url_meta":{"origin":57352,"position":3},"title":"How to reclaim PPI","date":"November 1, 2012","format":false,"excerpt":"\r Average payment protection insurance compensation is \u00a32,750. Here's how you can go about making a claimThe PPI mis-selling scandal may have been news for years now, but it shows no sign of abating. Lloyds Banking Group has set aside an extra \u00a31bn on top of the \u00a34.3bn it has\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64612,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-to-reclaim-mis-sold-ppi-for-free\/","url_meta":{"origin":57352,"position":4},"title":"How to reclaim mis-sold PPI for free","date":"August 25, 2017","format":false,"excerpt":"\r Getting compensation can be a quick and easy \u2013 and there is no need to use expensive claims handling companyReclaiming mis-sold PPI can be a quick and easy process. There is no need to use a claims handling company that will rake off 30% of any compensation you are\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5906,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ppi-payouts-knock-down-lloyds-profits-but-boost-british-shoppers\/","url_meta":{"origin":57352,"position":5},"title":"PPI payouts knock down Lloyds profits but boost British shoppers","date":"February 26, 2016","format":false,"excerpt":"\r About 12 million consumers have claimed a payout since 2011 and most people spend the windfall immediatelyIt is difficult to remember a year when the British consumer was forced to cope without the proceeds from a mis-selling scandal.The payment protection insurance (PPI) scandal has proved to be the most\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/57352"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=57352"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/57352\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=57352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=57352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=57352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}