Payment Protection Insurance Mis Selling

Payment Protection Insurance Mis Selling is Common and Costly for the Consumer

The mis selling of payment protection insurance is a deceptive money making scheme used by banks, credit card companies and mortgage lenders. The purpose of payment protection insurance (PPI) is to protect a customer if they suddenly lose or experience a drop in income.

While PPI is supposed to cover any payments on a loan following a drastic change in the customer's income the reality is that customers wishing to use their PPI have been denied claims. They are even discovering they were not covered in the first place by the insurance they were paying for all along.

This shocking practice of payment protection insurance mis selling allows the large financial companies to exploit the consumer. There are numerous circumstances in which customers should not have been offered the PPI in the first place such as if the customer is self employed, working part time, less than 18 years old or over 65, or suffering from  a pre existing illness.

At Claims Financial we are committed to providing compensation to combat the distress caused from payment protection insurance mis selling. We utilise our expertise and experience in handling claims for mis sold payment protection to pursue consumer justice.

For assistance with your claim and expert advice APPL Y TODAY and let Claims Financial rescue your money.