Mis-Sold PPI (Payment Protection Insurance) Claims

If you have taken out a loan with any high street bank, taken out a hire purchase agreement or even opened a credit card, then it is likely that you also took out payment protection insurance with it. If this is the case then you may be entitled to compensation.

The reason why this can be reclaimed is because in the majority of cases the insurance was mis-sold. Many people were not aware that this insurance was optional and often thought that they wouldn’t get the loan if they didn’t take the insurance out.

We can help you claim back this money you have been cheated out of.

Sometimes it was added without the knowledge or permission of the borrower. The purpose of Payment Protection Insurance is to cover the payments you have to make on a loan or credit card when you are unable to keep them up due to sickness, unemployment etc.

There are many situations when this insurance doesn’t actually provide the cover you need. For example, if you were unemployed, retired or even self employed at the time of taking out the policy you are ineligible to make a claim on this policy which makes it a total waste of time and money for you.

Did the sales person go through the process fully with you? Did they follow the procedures below?

They should have:

  • Explained the full process to you
  • Told you the Payment Protection Insurance (PPI) was optional and NOT compulsory
  • Explained the terms and conditions in full
  • Explained the total cost of the PPI to you
  • Asked you comprehensive questions on your employment and health situation

If they didn't do any of the above then you may have a claim, contact us now by filling in the form below or calling 0845 409 0797.
Title
First name (s)
Last name (s)
Address
Postcode
Home number
Mobile number
Email Address
Preferred contact method
Credit card or loan provider
Was the agreement taken out before 2007?
Did you take out PPI?
Any other information
Which service are you interested in?
 

 

Other facts are:

Statistics show that only 9% of policies have or would ever pay out

PPI is usually front loaded and paid off at the front of the loan

Many people are unaware they have PPI due to the small amounts added to monthly minimum payments

Lenders may have insisted PPI be added to a loan to increase a borrowers chances of approval for a product

A suggested 25million PPI polices are currently in circulation

Want to find out more? Complete our enquiry form to arrange for a free, no obligation discussion with a Claims Review representative. Completing our form places you under absolutely no obligation to proceed and we have a strict policy to keep your details private and not share your information with anyone else.