ALLIANCE & LEICESTER FINED 7 MILLION POUNDS in October 2008 by the Financial Services Authority for breaches relating to the sale of payment protection premiums added as loans to borrowers who are granted loans for consumer purposes.

The settlement requires the lender to compensate all the borrowers for contracts entered into between January 2005 and December 2007.

Please contact us whenever you have taken out a loan with ALLIANCE & LEICESTER as we will advise you on your right to compensation provided PPI has been taken out.