There have been many successful mis sold payment protection insurance claims cases so far, and the banks have been forced to repay many billions of pounds in compensation. Our experienced team of claims handlers has so far helped many people get back the fees on mis sold policies, and we are waiting to help you. The scandal has been called the worst ever in the history of the UK banking industry, and with good reason, as the collected lenders have been forced to set aside many billions of pounds to cover the expected cost of repayments. Let us take the strain out of claiming and help you get back what you deserve.
What is PPI – Payment Protection Insurance?
PPI stands for payment protection insurance, a type of insurance policy that is designed to help keep up the monthly repayments on a loan, mortgage or other credit agreement in the event the policy-holder is made redundant involuntarily. Such policies are quite common, but they are known to have been mis-sold in many cases. Since the scandal came to light there have been heavy revisions to the regulations covering the sale of PPI, and with an industry average repayment of £2750 it is worth your while claiming.
Examples of Mis Sold Payment Protection Insurance
PPI has been routinely mis sold to customers by a number of well-known and other lenders across the years, and in a wide variety of different ways. Perhaps the most common form of mis sold payment protection insurance is that in which the customer was not given indication of their right to shop around for the best possible deal and, instead, was led to believe they needed to buy the lender’s package deal in order to qualify for the loan, while others were sold policies that, in fact, would never have worked for them, or that they did not need.
How to Make a Mis Sold PPI Claim
Our team of experienced claims advisers have so far helped many people make successful payment protection insurance claims and we can help you, too. We will handle your claim on a no win no fee* basis, so you don’t have to pay if your claim is unsuccessful, and promise to give your case the detailed attention it deserves. If you have yet to claim it is advisable to get the wheels in motion right away. Remember, it is your right to claim back all the fees on mis sold PPI policies, plus any compensation that may be awarded.