How much is my claim?
How much is your claim?
PPI does not come cheap. As the table shows, PPI premiums paid by consumers represent
anything from 13 per cent to a staggering 56 per cent of the amount loaned. It is
common for PPI on loan agreements to be paid for by a one off premium included in
the loan itself and for interest to be charged on PPI premiums.
PPI premiums as proportion of loan: cases reported by Breaux. The table below should
give you a rough idea:
|
Loan Type
|
Loan amount
|
PPI permium
|
Permium as a percentage of total loan
|
|
Unsecured personal
loan
|
£8,993
|
£2,217
|
25%
|
|
Unsecured personal
loan
|
£11,000
|
£5,133
|
47%
|
|
Hire purchase for
car
|
£5,059
|
£2,157
|
43%
|
|
Hire purchase for
care
|
£6,895
|
£2,317
|
34%
|
|
Unsecured loan
|
£5,600
|
£744
|
13%
|
|
Secured loan
|
£25,000
|
£12,127
|
49%
|
|
Secured loan
|
£35,000
|
£10,150
|
29%
|
|
Conditional sale
for car
|
£4,300
|
£2,394
|
56%
|
|
Unsecured personal
loan
|
£13,000
|
£3,367
|
26%
|
You get the picture - it is incredibly expensive and there is a likelihood that you have been mis-sold.
You may have been the victim of a hungry salesman.
Get your money back today.
Apply Online