PPI Claims 1
The PPI Claims scandal has led to banks being forced to pay back all fees on mis sold policies and, so far, more than four million people in the UK have made a claim or compensation. Are you entitled to claim, or are you unsure what it is all about? Claiming back your mis sold fees has never been easier, and you can do it best by using professional help. It is not the daunting prospect you may think it is, and with an average payout of £3000 it is certainly worth doing. Let’s have a look at what PI is, and how to claim back any fees.
All about PPI
Payment protection insurance (PPI) refers to a number of different insurance products that are intended to keep up the monthly repayments on a loan, mortgage or any other form of credit agreement in the event of involuntary redundancy. The payments will last for a year or sometimes two. To start your PPI claims today or to find out more about claiming compensation, simply fill out the form above or give us a call for free on 0800 840 7292 and speak with one of our advisers.
What is Mis-sold PPI?
The mis-sold PPI claims scandal came about when a number of complaints from customers were investigated by the Financial Services Authority. At the point of sale of a policy the customer should have been informed of their right to look around the market for the best product for them. In many cases this did not happen, and borrowers were led to believe they were obliged to take out a policy with the lender. There are many other examples of mis-selling, and all have been cited in courts across the land many times.
Where Do I Begin making a PPI Claim?
It is your basic legal right to make PPI claims and the best way is to contact a solicitor. There are many with relevant expertise who will offer you a no win, no fee deal which ensures you do not pay if you are not successful with your claim. Using a solicitor also gives you the best chance of success. To start your claim today or to find out more about claiming compensation, simply fill out the form above or give us a call for free on 0800 840 7292 and speak with one of our advisers.