Claims rush after loan scam expose; EXCLUSIVE.
HUNDREDS of consumers have put in claims after the Irish Daily Mirror exposed greedy lenders mis-selling insurance.
Yesterday we revealed how banks and credit card companies fleeced people in a loan protection racket.
Refund.ie said it has received a massive surge in requests from consumers who were flogged the Payment Protection Insurance.
Company chief Eddie Doyle added: "We have seen a surge in calls especially in the last number of days from people who have been wrongly sold this insurance.
"There has been a mass number of cases growing.
"Up to 80% of these claims are legitimate so lenders will face a massive bill paying back these people back who they have conned.
"We are receiving and processing a staggering number of complaints now from the general public nationwide.
"In Ireland, refunds due to complainants for PPI can run into many thousands of euro."
Banks mis-sold the insurance to a raft of people including the unemployed, the retired, the selfemployed, seasonal workers and people with pre-existing illnesses who never qualified for a payout.
SCOOP Irish Daily Mirror yesterday