PPI in the News

Payment Protection Insurance Claims

Payment Protection Insurance Claims

The payment protection insurance claims scandal is one that affects a great number of people, and you may be among those that are able to claim but have not done so. If you have recently taken out a mortgage or a loan or entered into any form of credit agreement the chances are you are paying into a payment protection insurance (PPI) policy. You will have most likely been sold this by your lender when you took out the loan, and this is where the problems began. If you are not sure what it is all about, this simple guide should help you to get to grips with the problem.

Payment Protection Insurance Claims Explained

Put simply, PPI is a form of insurance that is taken out so that you can keep up the monthly repayments on your loan or mortgage in the event you are made redundant involuntarily. Some policies may also cover you for loss of work thanks to accident or illness, but these are less common. The problems arose when the powers that be in charge of regulating the sale of PPI investigated a number of complaints alleging the mis-selling of policies, and from this the payment protection insurance claims scandal emerged. To start your claim, simply call freephone 0800 840 7292 or fill out the short form above and we’ll call you straight back.

Can I Make Payment Protection Insurance Claims?                 

The investigation found that there were many instances of mis-selling, and that one particular instance had occurred frequently. This was where the lender did not inform the borrower of their right to shop around for the best possible deal; instead it was implied that they were obliged to take out a package with the lender, generally at an inflated price. If you think that this has happened to you then you are entitled to make payment protection insurance claims and should enlist the help of a professional who understands the world of claims.

Payment Protection Insurance Claims Solicitors

It may sound like an expensive option to use a payment protection insurance claims solicitor to handle your case but it makes a great deal of sense. You can find them on the internet or advertising in the press, and you can get your case underway by filling in a simple online form or making a quick telephone call. You will most likely be offered a no win no fee deal in which you pay only after a successful claim, and you can rest assured that with a professional on hand you stand the greatest chance of successfully claiming back those charges. To start a PPI claim or to find out more about PPI, call us on 0800 840 7292 and speak to one of our expert advisers, there’s no obligation at all!