PPI - Payment Protection Insurance

Payment Protection Insurance (PPI) is big business, with an estimated 25 million policies in circulation worth £5 billion a year.

PPI can be added to loans, credit cards, HP agreements and mortgages and in theory should cover the monthly repayments if you are unable to work due to an accident, sickness or unemployment. PPI has been proven to be widely mis-sold, is usually overpriced and policy terms and conditions show it would be extremely difficult to claim against when needed.

In some extreme cases PPI has been identified to equate to as much as 54% of the total claim value. On a £10,000 loan that amounts to £5,400!

Credit Card PPI is usually calculated as a percentage of the total balance so the more you owe the more you pay for PPI.

Here at Consumer Finance Claims we can look to recover the full cost plus interest if we believe that you have been mis-sold PPI. If your loan is still running we can also look to reduce your ongoing payments as part of our negotiations.

On average we achieve offers from lenders within 60 days of submitting a formal claim and to date have a 100% success rate for PPI claims!

No Win-No Fee! We do not charge any upfront fees for PPI claims.

Upon completion of successful PPI claims a 20% fee including VAT applies. Unsuccessful claims are not subject to any payment.

If you believe you have been mis-sold PPI please contact us on the number provided or fill in our online questionnaire.