Who handles missold PPI claims?
Missold PPI, claims the Financial Services Authority, is costing
borrowers millions of pounds and offering little in return. PPI -
or Payment Protection Insurance - is supposed to offer reassurance
by ensuring you can repay a loan even if your income drops, but
with missold PPI, claims are always rejected, leaving you paying
for a service which won't even help out if you ever need it.
Banks, mortgage companies and credit card providers are all
guilty of misselling PPI by not explaining it to their customers,
failing to make sure that they quality for a policy before selling
it to them, and in some cases not even telling them they will be
paying for it.
If you have a loan, a mortgage or a credit card, you may be
paying thousands for something which you don't need and could never
use. It is because of this that so many angry consumers have
recently been making missold PPI claims for compensation.
There are a wide variety of reasons you may not qualify for PPI
which you have nonetheless been sold. These include pre-existing
illnesses, working less than 16 hours a week or on a temporary or
contract basis at the time, or being under 18 or over 65 when the
policy was sold to you. If you have been missold PPI, claims for
compensation are likely to succeed - and according to the FSA, the
average payout is around £1.5k.
If you were missold PPI, Claims Financial may be able to help.
We specialise in dealing with financial institutions to reclaim
money on behalf of the consumer, operating on a No Win No Fee basis
so there's no risk to you. If you'd like us to handle your missold
PPI claims, just fill in your details in the adjacent form, or
check out our website for more about our company and missold
PPI.
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