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PPI – Claims continue to roll in

Filed under: Services — Tags: , , , — consumerfinanceclaims @ 08:11

The scandal over the mis-selling of payment protection insurance has left hundreds of thousands of people up and down the country, wondering just who to trust to give truthful and impartial advice on important money matters. The faith of many people in banks has been shaken. The PPI issue has dragged on for a few years now, and would have carried on to infinity no doubt if the banks had got their way.

So what now, one may ask…is that the end of PPI! Surely people won’t touch it with a bargepole now?  The answer is, of course not. Despite the bad publicity surrounding payment protection insurance; it’s an excellent product that has definitely got a place in the scheme of personal finances, it just has to be sold correctly; it does not suit everyone, and its validity is subject to very specific criteria. Not everyone is eligible, but the vast majority probably would be.

Trust in our banking institution is at rock bottom and it is essential that they, together with protection providers, embrace the challenges ahead to restore public confidence in them, and in protection products – particularly payment protection insurance and mortgage payment protection insurance.

Lloyds has set aside £3.2bn for PPI claims settlements, which has lead to a sharp fall in the shares of every major UK bank as the market warily observes and ponders the potential impact of the lender’s actions. Lloyds’ shares have fallen 8% as investors were left reeling at the far bigger-than-expected cost of PPI compensation claims.

If you have taken a loan out in the last 10 years then chances are you were offered PPI, or you were mis-sold a policy. Even if the loan has been repaid in full, you may still be able to claim back the cost of the insurance, plus interest.

If you find the prospect of reclaiming PPI a daunting task, or fear having to complete lengthy questionnaires and having to deal with indifferent providers, then don’t worry – contact one of our team – we can usually give a quick answer as to whether there is a valid claim for PPI repayment. Even if you can’t find your policy documentation, it is not necessarily a lost cause as somewhere along the paper trail there will be payment and transfer records to help verify your claim.

 






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BulletpointsAverage claim value £2500

BulletpointsNo Win – No Fee* PPI Claims

BulletpointsNo Upfront Fee's

BulletpointsOn average our PPI claims take 12 weeks

BulletpointsCompetitive 20% inclusive of VAT Success Fee

BulletpointsProven track record* for all PPI claims


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Congratulations! You're one step closer to receiving your compensation for mis–sold Payment Protection Insurance.


If all details look OK you will receive a Claim Pack through the post, usually within 48 hours. If there are any issues we need to discuss one of our advisors will call you.


Either way you need to return your Pack as quickly as possible to prevent any delays with your claim!