What is PPI?
Payment Protection Insurance was created to help people with Loans, Credit Cards, Finance Agreements, Mortgages and more if they ever found themselves in the position where they couldn't keep up with their payments.
It sounds like a great idea, you agree to pay a little extra each month and if the worst happens, if you fall ill or lose your job, you won't have to worry about payments on a loan, credit card or mortgage. Unfortunately, Payment Protection Insurance policies have been mis-sold to millions of UK citizens, and those same people are eligible to make PPI Claims.
If you think you have been mis-sold a PPI policy please fill out the PPI Claim Form on the right or call us on 08000 461 826 today!
PPI Mis-Selling: Make a Claim
If you have taken out a Loan, Credit card or any other type of finance with a company and you've taken out Payment Protection Cover that either you didn’t want, need, wouldn't protect you or even didn't know about you have been mis-sold PPI. This being the case you are entitled to a refund, any interest you’ve paid + 8% interest per annum since you have bought the policy. You can reclaim your mis-sold Payment Protection Insurance by filling in our PPI claim form or phone us on 08000 461 826.
How can I be mis-sold PPI Insurance?
Explore the many ways in which Payment Protection Insurance can be mis-sold.
PPI Is Optional
Were you pressured into taking out PPI? Or, were you told that you must have a PPI policy because of your job or circumstances?
Did your lender fully explain the costs of PPI to you? Were you told that you would be borrowing money to pay for it?
Full Cover of Loan
Does your PPI policy cover the full amount of your loan or the full repayment period? If not you may have been mis-sold!
Pre-existing medical conditions are usually written as exemption clauses - but were you advised of this by your lender?
PPI has been added to a large amount of loans, credit cards and mortgages in the UK. But has it been added to yours?
The majority of PPI policies exclude pensioners, the self-employed or students - your job can mean you were mis-sold!
If you were a member of HM Armed Forces when you took out Payment Protection Insurance, you could have been mis-sold.