Financial Services Authority claims Payment Protection insurance mis-sold in many cases
The independent regulatory body the Financial Services Authority
claims Payment Protection Insurance, or PPI, has been
systematically mis-sold by lenders. Payment Protection Insurance is
supposed to pay out if you should suffer an unexpected loss of
income, ensuring that you can continue to cover the repayments on
your loan - but in many cases it has been sold to people who did
not want the policy or do not even qualify.
If a lender claims Payment Protection Insurance is a necessary
prerequisite for taking out a loan, they are misinforming you. You
may have a claim for compensation if you were misled over what PPI
was and whether it was advisable for you to take out a PPI
policy.
You may also be entitled to compensation if your PPI policy is
not actually suited to you. For a great deal of claims, Payment
Protection Insurance will not pay out, due to the customer actually
having been ineligible for the policy in the first place. This can
be for a number of reasons, including long-term illness (including
stress and backache) or having been in temporary or part-time work
at the time the loan was taken out.
If you fall into any of the above categories, you may want to
think about making compensation claims. Payment Protection
Insurance has been mis-sold in a lot of cases and a large number of
compensation claims are successful - especially if you go through
Claims Financial, the financial claims experts. We operate a No Win
No Fee service helping our customers to claim compensation for
mis-sold PPI, and we handle your case for you, from start to
finish.
The FSA claims Payment Protection Insurance compensation
averages around £1.5k. Fill out your details in the adjacent form
today and find out if you're eligible.
Claims Financial
"I just had to put pen to paper and write to say I'm more than delighted with my settlement that you won me back from my PPI I had with Lloyds TSB. The Claim Forms were simple to fill in. It was a breeze"
Mr R Evans 11 Nov 2010