my legal store info - Insurance Articles 118781

Mis-sold Ppi
I can remember going to my bank in the late 1990s to enquire about a loan for a new car. I`d fell in love with this slinky, silver sports car and being a single male at the time, with plenty of disposable income, I thought I`d treat myself to this flashy kind of motor. The bank eventually approved my loan but I was forced into taking out payment protection insurance at the same time. I`m not sure why I took it out to be honest. I think I felt pressured into taking out the policy because the person whom I spoke at the bank said it strengthen my initial loan application if PPI was in place. Nothing was explained to me about the PPI and how it would cover sickness payments or payments for the loan if I was made redundant. In fact, I think I was Mis-sold Ppi by the bank and had it not been so long ago I would put a claim in against the bank in question. Over the years countless customers have been Mis-sold Ppi policies through the banks. Huge profits could be made out of PPIs so you can see why banks would push them onto their customers. Today people are fighting back. Anyone who thinks they might have been Mis-sold Ppi polices in the past can speak to claims management firms who will take their case on and try to recover as many payments as possible.

SURPRISE

Did you think that WRITING it down SEALED the deal for generations to come? Even when legal counsel does it for you, there is another legal guru waiting to find all the loopholes you left uncovered.

You`ve heard the saying, "nice guys finish last"? Most of us like to think we`ve selected our "partners" carefully with no chance of having a problem, right? Absolutely!! Just like some folks pick their mate and promise "forever" UNTIL something better comes along.

More truth than fiction. Try to go the extra mile and next thing you know someone is suing you for breach of contract. All of us have issues and see things through colored lenses that are focused in our favor.

Write out your agreements in hopes that both parties are willing to live up to the fine print. Actually, I`ve had contracts (agreements) with NO fine print and still got hit by the Zapper gun.

Everyone should take the time to ask questions whether you have a contract, written or not, to be fair. Some groups live by a creed of honor which asks... "Is it fair?" Then ask "Is it the truth?".... is this my intention for all parties who have a stake in the company? System? Future?

MY POINT

It takes two to tango! Both parties have to "walk the talk" regardless. Yes, change happens! But honorable folk stay with the plan. Never going back on their word. Integrity is a major character value for honest people, the focus is on fairness, not greed, or selfishness.

My own bank account has probably "missed" more than I`d want to admit. Very simple! Changed "written" contracts by ACTION of being NICE rather than HOLDING FIRM to original contractual agreements. Just a fair warning to the wise.

"I`ll LOVE you UNTIL!" Lots of folks do. That is "UNTIL you give me what I want". Yes, I agreed to that in the beginning but things have changed and I want more.

Unless your intent is PERMANENT CHANGE in your agreements rather than a temporary adjustment... DON`T DO IT! You will NOT be able to backup.

ACTIONS are powerful. It puts arbitration beyond reach. Legal counsel will interpret your ACTIONS as the law.

============================================================= Action Tip: NEVER take any ACTIONS (good or bad) that will change the intent of your agreements. Change your agreements BEFORE you change your actions. Simple but awesome advice! =============================================================

Don Monteith spent 32 years as co-owner of several franchises and a personnel/staffing business. Every year, his firm placed hundreds of job candidates in their dream job. Today, Don shares his business and career expertise through his newest websites on the Internet. Lots of FREE ideas - suggestions - ready for your perusal and study.

http://www.Career-Coaching-Central.com
http://www.HowToGetYourDreamJob.com

Article Source: http://EzineArticles.com/?expert=Don_Monteith

For more information, news and articles see: