For people who has taken out payment protection insurance PPI on a loan or mortgages in the past 10 years, there is a high possible chance hat they were force to pay a big amount for their cover and could be entitled to make a refund. Usually Payment Protection Insurance is sold with loans, credit cars, mortgages and it is there to cover your monthly repayments if you are unable to pay them your self because of different circumstances like event on a fall, sickness or unemployment. Although the Financial Service Authority have recently been fining number of high street bank of mis selling PPI. They are expensive and don’t really give a lot of protection. This all means many people are entitled to claim all that back. If they had a loan of £10,000 then they could make a claim for as much as £2000, however the amount will vary with different circumstances
The cost of PPI charges
The citizen Advice Bureau says that Payment Protection Insurance can add 56% to a persons repayments, this can be a huge amount to pay on top of your monthly bills, especially with most PPI policies come with many of exclusions. For an example credit card company make their money by charging there customers for late payments, and also payment protect insurance fees on top of this. So PPI adding more then half to repayments and mortgages costing the home owner over 10% of their income, they could be finding themselves paying out large sums on PPI
When making a claim, the process is very simple and stress free. If you get in touch with us we will be able take it off your hands and do it all for you so there is no confusion r stress n your behalf. There will be no costing as we work with no win no fee basis. So you will not have to worry about any money while going through the process with us. If the claim is unsuccessful then you won’t have to payout anything
You will also be sent a questionnaire to fill out; this is for us to evidence against the lender. You will need to answer this questionnaire to the best of your knowledge before you send it back. Once your legal pack is returned, completed and signed by you, we can then prepare a letter of claim to your lender.
A member of our experienced team will carry out any negotiations. They will oversee your claim from inception through to completion.
So if you know you could be owned thousands then get the claim rolling, get in touch with us and we can hep you get your money back. Even if you are still UN sure if you are entitled to this claim then don’t hesitate to call and ask any questions. We are here to help you Claim Back PPI