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Missold Payment Protection Claims

Missold payment protection claims average £1500

If you have taken out a loan, credit card or mortgage with any bank, mortgage lender or credit card provider and been missold payment protection insurance, then you should be aware that average claims are about £1500. Millions of people are eligible to claim but most are unaware of their rights.

It is not the loans that give rise to the claims for £thousands but the PPI, (Payment Protection Insurance, Income Protection, Loan Insurance), that was sold, or mis sold, ostensibly to guarantee the loan in the event of you becoming incapacitated and unable to continue making payments.

Payment Protection Insurance, or PPI, is insurance that will pay out a sum of money to help you continue paying your monthly instalments on credit cards, store cards, catalogue payments, mortgages or your car loan if you experience a sudden loss of income. This is usually the result of illness, an accident or unemployment due to no fault of your own. However, PPI is useless for the majority of consumers who have actually been missold it. Millions of people are paying, or have paid, thousands of pounds in premiums on an insurance that will never pay out on their claims anyway.

If you have payment protection insurance on any of your loans or mortgages then there is a good chance that PPI was missold to you, meaning you may have claims worth many thousands of pounds.

If you would like to discuss your case with our experts, simply complete the adjacent form and you will be contacted shortly. Claims Financial specialize in handling claims for missold payment protection insurance and we offer a no win no fee service. With nothing to lose you what are you waiting for?  APPLY NOW!

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"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