miss sold PPI & Direct Line Financial Services

[davidp1948]

Hello good folks. I am having a battle with Direct Line, trying to convince them that I was not informed at the time of taking out two seperate loans that the sale of PPI was optional. They are adamant that no miss selling took place and I had the opportunity to cancel the PPI when I received a copy of my agreement. Blah !! I was told that as my credit rating was poor I could not have the loan unless PPI was taken out at the same time.

However if I could find evidence that their staff received incentives for pushing PPI I might stand a better chance if I go to court on this one.

So, I would like to know if Direct Line personnel were paid commission or a bonus for the sale of PPI like RBS and NatWest who are part of the same trading group.

Can anyone help please, as I feel that I'm banging my head against a brick wall when dealing with Direct Line.
Cheers DAVID P.

[angry cat]

Hi David-
Direct Line Financial Services Ltd are part of the Direct Line Group, which is a subsidiary of RBS

Please see the following link
Revealed: The bank bonus game | This is Money

I hope that it will be of some help to you!

Love AC

[davidp1948]

Thanks AC. Your link confirms that RBS and NatWest paid a bonus on PPI sales.

I'm trying to establish if another member of the same group - Direct Line -also paid a bonus or commission on PPI.

I am cause my wife says I am....
DAVID P.

[reidnet]

It has been found that policies from these sort of companies can pay Commision up to the rate of 90%, This can be confirmed if you look around at Independant Insurance companies that offer sometime better cover for a Tenth of the Cost from major lenders.

Ian