The mis sold payment protection insurance scandal has been the biggest story in UK consumer finance terms for the last year, and with more than four million people having so far claimed back their fees is set to continue to hog the headlines. Anyone who has taken out a loan, mortgage or other form of credit agreement may have been affected, and you may be entitled to claim back the fees on your policy. At PPI Claims Co we have the expertise and knowledge to help you get back what is yours, and have already successfully claimed for many thousands of clients.
Unlike most claims management companies we don’t stop at getting your PPI fees returned; we will also try and claim any unfair credit card charges that you might have accrued across the last six years. It’s all part of the service, and it’s why we are the right choice for getting back what you are owed. It’s easy to get things underway – simply fill in the form that you can see online and we will call you back or, if you prefer, you can call us on 0800 111 6887 and one of our specialist PPI claims advisers will be ready to help you get your claim underway.
Why You Should Use PPI Claims Co
We have enough experience in the claims field to know that many people are wary about using a claims management company. We’re more than happy to tell you that it is possible to make a successful claim on your own, but we are certain that our expertise in PPI claims means we can offer you a valuable service. We take the time-consuming parts of the job away, leaving you to continue with your life as normal.
The following are all reasons why we believe our service is right for you:
1: Our team of SPECIALIST PPI CLAIMS SOLICITORS is there to make sure that your PPI claim gets the attention it, and you, deserve.
2: There are no UPFRONT FEES; we have a free PPI calculator and we do not believe in charging in advance – we’ll get your money back before invoicing you.
3: Our NO WIN NO FEE deal means that, in the unlikely event we do not secure you a payout, you will not be charged a penny.
4: There are no HIDDEN EXTRAS: we will even pay for copies of vital paperwork from your lender.
5: Our charges are simple: YOU PAY 25% + VAT – that is all – on funds recovered.
6: We understand that all of our clients need individual attention and this is why you get a DEDICATED CASE HANDLER to keep you informed of developments.
PPI Claims Co has so successfully claimed back mis sold PPI fees for thousands of clients, and we have been doing so since the scandal broke. We work entirely within the strict guidelines set by the Ministry of Justice, and are committed to high standards of customer service in all elements of our work.
YOU WILL NEVER RECEIVE A COLD CALL FROM US AND
WE WILL NEVER ASK YOU TO PAY IN ADVANCE FOR MAKING A CLAIM
Payment Protection Insurance Explained
While PPI is actually relatively simple it can appear confusing to the layman. Let’s have a look at the PPI scandal in simple terms.
How the PPI Scandal Began
In 2005 the Financial Services Authority (FSA) received a number of complaints alleging the mis-selling of Payment Protection Insurance, also known as PPI. An investigation into these complaints confirmed that mis-selling was far from unusual. A major revision of the rules regarding the sale of PPI followed in 2007, and fines were handed out to many lenders. Following this, in 2009 it was deemed unlawful for lenders to sell single rate PPI policies, and in 2011 the High Court ruled that lenders would have to pay back the cost, plus interest, of mis sold PPI policies
PPI Provisions Explained
The High Court ruling meant that the collective lenders who had mis sold PPI were forced to set aside funds to pay back the cost of PPI policies. So far they are believed to have laid aside £13billion for the purpose, with the Lloyds Banking Group alone having to find in excess of £5billion to cover their costs. Anybody who has been paying into a mis sold policy therefore has a right to make a claim for PPI compensation, and it is the choice of the consumer whether they choose to make the claim alone or to use a professional company to do the job for them.
How much is a Payment?
As things stand the average payment is around £3000, but there has been at least one that was in excess of £50,000. The length, size and type of loan will have an effect on the repayment amount. To reclaim PPI or to get an estimate of your possible payout call us on 0800 111 6887 and talk to one of our expert advisers, and we will be able to give you an accurate estimate, free of charge and with no added pressure.