It is not fair that the banks and lenders have been accepting money for ppi that was mis sold. Many people have struggled to make their payments, only to discover that when they needed it, the payment protection insurance was invalid. Although in many circumstances ppi can be of assistance, sometimes it was not sold correctly. In these cases making a ppi reclaim is highly advisable.
You Can Take the Banks On and Ask For Compensation
To make a claim you can either stand up to the bank on your own and go through the usual complaints department. This is not the easiest of ways to win compensation but it can work. The banks or lenders will not give in easily so you need to be prepared to stand your corner, show your proof and not accept their poor offers of compensation. They will try to buy you off for less than what you could obtain, so a strong backbone is required.
One of the big UK banks most affected by the number of PPI claims which are going through just now is Lloyds TSB.
It has been estimated that the bank used mis selling tactics to burden their customers with over one million of these insurance policies. Due to this they are expecting an avalanche of PPI claims and have been forced to put by over
Saturday saw the grand opening of the Wolf Den, in what will become the focus point of Gladstone Brookes’ charitable work with the Warrington Wolves Foundation.
The room, which had been recently redecorated and furnished with the help of GB, was officially opened by Foundation Chairman Terry O’Neill, Wolves player Paul Wood, local illustrator and author Curtis Jobling and our very own Sales Manager Leon Moye.
The Wolf Den will provide an opportunity for local youths to engage in educational and technical activities, as well as being the hub of the Children’s University and the all-new Radio & Media Training Suite.
“We are made up to support the Wolves Foundation and in particular be part of the Wolf Den which will benefit the whole community.”
GB’s Leon stated, “We are made up to support the Wolves Foundation and in particular be part of the Wolf Den which will benefit the whole community.”
The ribbon cutting was followed by an engaging workshop by illustrator Curtis Jobling, known for his flagship design of children’s TV hit “Bob the Builder” – as well as being a Wolves fan.
As well as housing around 20 Apple Mac desktop computers, the room also has a large plasma television screen, an interactive whiteboard and projector and is decorated with framed shirts and photos of the Warrington Wolves stars. There are also plans to install a brand new radio station for the kids of the foundation to broadcast their own live internet radio show.
If you have heard about ppi claims and want to find out more this blog post should be of great use to you. Here you will be able to learn about the reasons behind people wanting to claim compensation. Furthermore you can discover how to start making your own claim and the process that is involved.
Why Make PPI Claims
Millions of people in the UK were wrongly made to purchase the payment protection insurance policies. The banks and lenders who supply loans, mortgages or credit cards used bad practice when it came to adding the policy on top of the financial agreements. These bad practices are numerous and they include:
Many people in the UK have been successful in their ppi claims. Although the banks and lenders do not like giving back money, it is possible. All it takes is the right information, the experience of winning payment protection insurance claims and the facts. Representatives are able to stand up for you against the banks and lenders and make sure everything is carried out correctly to help you win back the compensation for your ppi payments.
You might have taken out a loan in the last ten years, or perhaps a mortgage or credit cards, maybe even all three. If you feel that you should not have been sold the ppi for the following reasons then you should look into making the ppi claims as there is a strong chance that you could win.
Credit cards are common place these days. Payment protection insurance policies are sold alongside the credit card agreements, and many of these policies were sold under false pretences. What is shocking is that the lenders often made credit card applicants feel that they had to purchase the policy, even though this is not the case. There is no need to buy the insurance, and if you feel you were one of many of had the insurance forced on them then you could make a ppi claim.
Making a ppi claim is not a hard thing to do. You can find that you are entitled to thousands of pounds in compensation simply from making the decision to make a claim. One phone call, or a few minutes filling in a simple claims form on the Internet and you are already one part of the way towards winning back some, or all, of your hard earned cash which has been eaten by your bank or lender.
Taken Out a Loan in the Last Ten Years?
You may have taken out a loan or one or more credit cards in the last ten years. When you took out the loan, your advisor may have told you about payment protection insurance, or not. You might have felt you had to take it out, or that it may have been a good idea, even though the insurance was not suitable to your circumstances. Being mis sold ppi is shockingly common, and there is a very good chance that you too have every right to make a ppi claim.
It is a sad state of affairs when people wrongly force something on you. This is what has happened to many people who live in the UK. Banks and lenders have been found to have wrongly sold ppi to many of their customers. This type of behaviour is not acceptable, therefore many citizens have decided to seek compensation, and many of them have been successful. You too could be awarded compensation if you decide to make a claim.
Seek Compensation for Your Payments
PPI is the payment protection insurance that is often sold alongside mortgages, loans and credit cards. The idea of this insurance is to protect your payments if you are suddenly unable to afford them. This could be if you have fallen ill and are unable to work, or if you lose your job. It sounds like a good idea; unfortunately many people in the UK have been sold ppi when it is of no use to them.
People Were Not Sold the Insurance Correctly