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PPI Claim Back
If you have taken out a loan of any kind in the last six years you could be in line to reclaim all the PPI premiums you have paid, with interest.
The banks and Insurance companies have deliberately been mis-selling PPI (Payment Protection Insurance) to thousands and thousands of people sometimes without the knowledge of the person concerned.
Have you taken out a personal loan or credit card with PPI attached to it?
You should urgently check whether or not your loan has included payment protection insurance.
If you have bought PPI then we can reclaim your money back.
Why is it possible for you to get your money back? The reason is that the PPI you have bought is probably worthless. In a vast number of cases PPI has been mis-sold and the policy holder has never had the chance of claiming any benefits from the policy due to the exclusions in the small print.
Because the insurance salesperson was hugely motivated by the high commissions payable the PPI policy was not always explained in great detail.
Fortunately, The Financial Authorities won a court battle and the Banks and Insurance companies have been instructed to repay monies paid for mis-sold policies.
Do you know how much you have paid for PPI?
Generally speaking the amount you have paid for loan PPI is between 15 and 20% of your balance but the interest could be higher than that.
You may sometimes wonder where the banks make all their money. Well PPI has been one useful source…there are around 20 million PPI policies in force generating £5 billion a year for the banks. No wonder that the banks were reluctant to stop selling/mis-selling Payment protection policies.
Here is how you can reclaim your mis-sold PPI payments:-
1. Check your loan policy to confirm that you have been paying for PPI
2.Write to your lender
3.Write to the Ombudsman
Alternatively, you can reclaim your PPI money the easy, safe way, by asking Claim Bank Charges Back to do the job for you.
Getting money out of a bank can be a long and frustrating process and it might be wise for you to ask us to work on your behalf.
Claim Bank Charges Back and Claims Financial are an ethical hard working company whose focus is on you the customer.
We have no upfront charges and our costs are fair and reasonable.
Our reputation is second to none.
We would like to be of service to you.
Complete the online form and send it to us today.
We will then send you our information pack and a short questionnaire which will enable us to begin our negotiation with your bank.
Don't delay. A cheque could be on its way to you soon.