MBNA ignored the cardholder’s request not to take out payment protection insurance
Photo: PA
A county court judge ruled that Lynne Thorius, 49, was charged thousands of pounds by MBNA for an insurance policy she had never asked for.
The ruling could open the floodgates for millions of pounds’ worth of similar claims against banks and building societies by anyone who has been mis-sold a PPI policy.
It is estimated that around 40m PPI policies have been sold in Britain in the past six years alone, making this the second biggest-selling insurance product on the market.
Ms Thorius, a mother of three, applied for the card – which was branded Sunderland ASC but financed by MBNA – in July 2002. She ticked the box that said “no thank you” to payment protection insurance on the application form but the policy was initiated anyway …
Read the original article at Telegraph
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