Continued rise in PPI claims made through PPI Claims Management

Share Article report a 15% rise in the number of PPI Claims made through the site during the first two weeks of October 2012

An general increase of awareness and further informational articles which we have released to detail the process to all appear to have has a positive effect on the number of fraudulent or misinformed payment protection insurance policy claims being made

The PPI Claims industry has been growing at a rapid pace and this week figures released shows that despite expectations from some sources that the number of claims would slow down the number of payment protection insurance claims has in fact once again increased.

The 15% increase in the number of successfully completed payment protection insurance claims which were made through the PPI claims management firm PPI Claims Management was when comparing the actual number of claims made during 1st and 15th October 2012 between the same period in September, 1st to 15th September 2012.

The 15% increase in the number of successful PPI claims which were made through the PPI Claims Management service was slightly down on the huge increase that was seen between July and August 2012. This slowing in growth is down to the fact that the start date for claims completed in October 2012 were typically during July and August 2012, during the Olympic Games. As there was a boom in the number of payment protection insurance claims enquiries which were initially made during the latter two weeks of August and throughout September 2012 it is expected that there will be a further boom in the number of claims which are completed and successful during November 2012. With an additional increase expected in the run up to the Christmas 2012 period.

Payment protection insurance is still attracting a significant amount of interest and the continued growth proves that this is still an important issue in the minds of the general public. Awareness is constantly raising around this financial scandal and the economic pressures of the general public are leading more and more individuals to find out whether or not they can make a payment protection insurance claim.

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Dr M Mansoor Siddique
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