Did you purchase PPI along with your Welcome Finance loan?
Like many other lenders, Welcome Finance had a policy of
aggressively promoting Payment Protection Insurance (PPI) when
selling a loan to its customers. Unlike the high profile
lenders, however, the Welcome Finance client base is drawn from the
most vulnerable segment of the population. Let's face it - if
you're willing to pay 254% APR you are obviously unable to take out
an ordinary loan from a High Street Bank in the first place. If you
have taken out a loan with Welcome you more than likely can ill
afford to get ripped off in the bargain - which is what has
happened in many cases.
The Financial Services Authority estimates that lenders like
Welcome Finance have mis sold over £4Billion in PPI while the
average claimant is owed more than £1500 in compensation. The
situation has arisen because banks and credit companies have
knowingly sold payment protection insurance to customers who were
not eligible or who never even needed the PPI in the first
place.
Mis sold PPI cases by lenders like Welcome Finance include
some of the following most common examples: sold to over 65's,
under 18's, working less than 16 hours, contract workers, temporary
staff, suffering back ache or stress, already in possession of a
similar policy and existing medical conditions.
Chances are good that if you were sold PPI from a lender like
Welcome Finance it was mis sold to you and you have the right to
claim the full amount back plus interest. To discuss your case with
an expert advisor please fill out the form on the right and we will
phone you back. There is absolutely no risk to you as we operate a
no win no fee policy. With nothing to lose you definitely owe it to
yourself to get in touch with us today.
APPLY NOW!
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