Claim for PPI
Hundreds of thousands of UK citizens have already taken the step of making a claim for PPI after being mis-sold, because they took out a policy of insurance for protection of payment (PPI) with their loans for credit cards, mortgages and hp loans which there policy may not have even covered them for.
If you’re looking to start a ppi claim or just need claim advice then get in touch with us on the right and we’ll call you back when suits you. Apply online right now to reclaim your wrongly sold payment protection policy. Our expert claims team can help you get what you rightfully deserve with payment protection claims .
What is PPI anyway?
PPI is a short term for Payment Protection insurance. Many PPI complaints are being made due to the recent publicity by the media and the fact that big banks such as Lloyd’s TSB have set aside billions in anticipation of claims payouts. The selling of this insurance premium has now been now outlawed and was frequently mis sold. People found out later or perhaps did not even realise that it had been added to credit card application, mortgages, hire purchase agreements and other loans over the last ten years. The premium was meant to support payments if the individual lending the money were suddenly ill and unable to work, or perhaps became unemployed for example.. A claim company can help you claim back the mis selling of this insurance premium, The loan protection insurance, be it mortgage payment or credit card loans protection can be claimed back if you were mis-sold.
Selling or rather the mis selling of this loan insurance really became prominent after the CAB proceeded with a super complaint. The OFT and FSA bodies published reports about the mis selling mess, and more recently the PPI claims floodgates are opening.
How has PPI been mis -sold?
There have been many respects in which Payment protection Insurance have been wrongly sold. It could have been that the borrowers was mislead into taking out the insurance. For example if someone was self employed when they took out a cover against unemployment then it may not have covered them in the terms. Some people who had low credit score may have been encouraged this insurance to get their application for credit accepted. In some cases there have been asheer lack of full explanation of PPI by the banks or lender automatically including the premium without telling the borrower.
Thankfully due to the media pressure and investigations carried out the banks have given way in defending this malpractice and many thousands of people willbe eligible to claim thousands in mis sold compensation.
How can I claim for PPI?
A ppi claim is easy when you use a claim company to help you.
Our claims advice is risk free and cost free. All you need to do is easily fill out the quick start claim form on the top right. You can claim for any number of mis sold oans credit cards or mortgage ppi claims. We are handling ppi claims Manchester , ppi claims London and many other towns and cities in the UK where people claim for ppi when they are eligible for a refund of PPI insurance.
Video: Mis Sold PPI – Advice From Money Saving Expert Martin Lewis