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.
"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