PPI Claim Form

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Black Horse PPI Claims

 

Black Horse is a department of the Lloyds TSB banking group, and specialises in loans for car, motorbikes and caravans. A very high percentage of Black Horse PPI claims have been allowed for mis-sold payments protection insurance. PPI was mis-sold if you didn’t know you had it, if it was added without your express consent or if it was not suitable for you due to your health or employment status. Many Black horse car loan PPI policies have been found to have been mis-sold.

The address for your Black Horse PPI Claim form is:

Black Horse PPI Claims Dept
St William House
Tresillian Terrace
Cardiff
CF10 5BH

 

If your Black Horse loan was dated 2010 or later it is unlikely that you had PPI as Black horse stopped selling PPI to personal and business customers that year.

Recent weeks have seen a raft of UK banks and other financial institutions set aside further sums for payment of missold PPI. The banks are continuing to receive PPI claims forms from people who were missold PPI and it appears that the banks have underestimated the level of PPI claim payments that they would need to make. Shortly after the financial Ombudsman released figures suggesting that PPI claims were falling, the banks announced fresh contingencies to cover further outstanding claims.

HSBC has announced that it has set aside £2.1 billion for missold PPI claims while barclays have taken an additional £900 million hit in its most recent figures taking its payouts to close to £5 billion. Barclays has admitted that there could be many more years of claims still to come.

The number of claims does seem to be falling, but not as fast as maybe the banks had hoped would be the case. More and more people are realising that they can make a claim using a simple PPI claims form or that they can obtain from the ombudsman a PPI claim form to make the job easier.

One things is for certain - if you haven't made your PPI claim yet, there is no point in delaying and you should start the process straight away before the August 2019 deadline.