PPI+ Lloyds Bank

Did you take out a credit card, loan
or mortgage with Lloyds Bank?

You may have been mis-sold products by lloyds bank

Lloyds Bank PPI Claims

Lloyds Bank is one of the most well known high street banks in the UK, and is often considered one of the “big four” banks.

The bank offers customers a range of consumer credit, including credit cards, personal loans, home insurance and mortgages.

Many customers who took out these products with Lloyds in the past were also sold PPI.

If you took out a credit agreement provided by Lloyds Bank through a broker, you probably had PPI included and you might be eligible for additional PPI+ compensation because Lloyds Bank paid an unfair level of commission to your broker without disclosing it to you.

You can seek redress for this even if you’ve already made a PPI claim against Lloyds Bank.

Plevin vs Paragon

For years we have been hearing about the mis-selling of PPI on loans, credit cards and mortgages, and the Financial Conduct Authority (FCA) recently launched a deadline of 29th August 2019 for PPI mis-selling claims to be made.

In 2014 a new type of PPI mis-selling emerged: Unfair Contractual Relationships, also known as Plevin.

What is a Plevin case?

Susan Plevin is a retired college lecturer who took legal action against Paragon Personal Finance after she had PPI added to a loan.

During her claim for mis-sold PPI, she also discovered that 71.8 percent of her PPI premium was taken as commission by the PPI provider, Paragon’s credit broker and Paragon itself. Susan Plevin argued that Paragon’s failure to disclose this commission amounted to an unfair contractual relationship and therefore she should be eligible for significant levels of compensation. The Supreme Court ruled in Plevin’s favour.

The FCA subsequently published guidance that if a lender or broker paid commission that amounted to over 50 percent of a PPI premium, this would constitute an unfair contractual relationship.


No obligation, No win No fee

Talk to our legal experts

Call us free on 0800 096 2058
or fill in the form below and one of
our legal experts will be in touch

  • We will not disclose your personal data to any third parties, read our full privacy policy here
  • This field is for validation purposes and should be left unchanged.
pelvin claim

Are you eligible to make
a Plevin claim?

You might be eligible to make a plevin claim if any of the below applies to you, even if you have already claimed PPI or had a PPI claim dismissed:

  • High Commission Levels
    Is your provider, broker or finance company earning more than a 50% commission on your PPI policy sale?
  • Undisclosed Commission
    Were you unaware of the commission being paid on your policy at the time of purchase, even if you were aware of the PPI itself?

If any of these scenarios ring true then you might have a similar case to Susan Plevin and could be eligible to make a claim. Get in touch via our contact form or give our qualified solicitors a call to tell us more about your situation and get legal support.