The long running PPI claims scandal is set to cost the banks many billions of pounds, and there is no sign of an end to the problem. Following a series of complaints a few years ago it was discovered that lenders were routinely selling PPI policies in a manner that was not within the prescribed regulations. We have so far helped many people make a successful PPI reclaim for compensation on mis-sold policies, and we can also help you get back what you are owed in the least stressful manner.
What is Payment Protection Insurance?
PPI, or payment protection insurance, is a policy that you pay into in order to keep up the monthly repayments on a loan, mortgage or credit agreement should you find you are out of work thanks to involuntary redundancy. Many people have been found to have been mis-sold such policies; hence they are claiming back the fees. 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 and speak with one of our advisers.
Mis Sold PPI Explained
While PPI itself is a useful insurance policy, there were a number of complaints about routine mis-selling of packages some years ago. These payment protection insurance complaints were upheld upon investigation as it was discovered that the rules were being flouted on a widespread basis. Borrowers were not being given a chance to buy their own policy from other than the lender, some were not told they needed a policy, and others were sold policies that were useless. In all of these cases you are entitled to make PPI claims, and it has never been easier to do so.
Claiming Back PPI Charges
We offer you a no win no fee* PPI claim service so that you don’t pay a penny in the event your claim is unsuccessful. The current industry average PPI refunds payout is around £2,750, and with our success rate we can help you get back what you are owed without any need for worry or stress. 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 and speak with one of our advisers.