Reply to post: Re: Scripted

Are you who you say you are, sir? You are? That's all fine then

Anonymous Coward
Anonymous Coward

Re: Scripted

Much of the PPI madness was fuelled by such target focussed terror. It wasn't unknown for bank staff to buy PPI themselves in a desperate attempt to meet weekly sales targets and keep their jobs.

So surreptitiously slipping PPI into a deal or lying about the feasibility of a loan application being approved without PPI was one of the many tactics employed by the ever desperate banking staff.

It was all stick and no carrot, as none of them received commission bonuses, they just secured their job for a little longer. Which was galling when you consider the banks were receiving commission kickbacks from the insurance underwriters in excess of 50% of the premiums customers were paying, for the entire life of the policy.

Laughably, my temporary job repaying customers mis-sold PPI is more secure than those who originally sold it.

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