Mis-sold PpiI 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.
Many people say that MLMs or Multi Level Marketing company sales pitches are phony and unethical, as they do not seem to relay all the truth up front. These techniques seem to do two things; one it sparks curiosity to learn more; and two it often makes people skeptical. It is the skeptical ?what?s the catch? issue, which leads people to think fraud, scam or pyramid scheme.
Admit it you yourself have likened multi-level marketing type business opportunities to pyramid schemes, haven?t you? Indeed, I see your point about the pyramid scheme and I tend to agree to limited degree really. Personally I think the methods used to sell it, recruit and sign people up are completely outlandish. I do not know why anyone would want to be involved with it using those tactics.
Why not be upfront with it, if it is so great? Why not answer the questions? Why not tell it like it is, it really is? You know there are some MLMs, which do, they actually tell you everything up front? Of course you know from psychology that people tend to become curious and want to know more. Human nature. Yourself for instance, don`t you find it fascinating and somewhat intriguing?
And now that I have brought this subject up out of the blue; you see how you are dwelling on this whole thing? I think the MLM companies use these emotional trigger sales tactics, because they work. These companies after giving hundreds of millions of presentations world wide, well they have had enough practice to know what works and that is what they do? Not sure it is as bad as the church music set at 90 beats per second to put you in a theta state of mind as they pass the tithing dish, but almost. Think on this in 2006.
Lance Winslow
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