Mis sold PPIs are a chronic problem in today’s financial market
PPI, or Payment Protection Insurance, is a type of insurance
policy sold with loans designed to protect the borrower should
their income drop. In theory, PPIs should provide enough money to
cover loan repayments if the individual gets into financial
difficulty.
However, this ideal is often far from the truth. PPIs are often
mis sold to customers, meaning that they may end up paying hundreds
or even thousands of pounds on a policy that is essentially
useless. In fact, it is estimated by the Financial Services
Authority that mis sold PPIs equate to a value of around £4
Billion.
If you were told that you couldn't take out a loan without
payment protection insurance, or you weren't told how much it would
cost, you may be eligible to claim your money back. Claims
Financial specialise in claiming on mis sold PPIs, and will deal
with the relevant financial institutions on your behalf. Plus,
Claims Financial work on a no-win no-fee basis, so in the unlikely
event your claim doesn't succeed, you won't be charged a penny.
Enter your details to the right to start your claim.
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