PPI

Don't let this opportunity pass you by: You may be owed thousands in mis-sold PPI covers.

What is PPI?

PPI is an abbreviation for Payment Protection Insurance. PPI cover is an insurance policy that protects a borrower's ability to meet payment obligations if unable to work due to illness, injury, accident or redundancy unemployment.

If you obtained a mortgage, a car loan, a store card, a credit card or other financing, the odds are good that you were mis-sold PPI cover. And if so, you are entitled to your money back, including unfairly charged interest and other associated fees.

Also called by other names, this optional insurance had been mis-sold for at least a decade. Hundreds of thousands of people across the United Kingdom have paid for unnecessary, over-sold and mis-sold PPI. The knowledgeable and experienced specialists at PPIClaims.org.uk have helped over 150,000 people claim back over £78 million in PPI refunds.

Many people didn't or don't know they even bought PPI cover with their loan or credit card! They are entitled to a PPI refund as well.

Is PPI Not Legitmate Then?

PPI covers bridge a gap and are founded in good financial management. Intended to make repayments when the employed borrower is no longer able to work due to certain conditions not within his control. But restrictions do apply, and not all PPI covers are necessary.

What is necessary, however, is complete and competent screening and disclosure. The cover is optional in all circumstances: Never are you required to purchase PPI cover - not to gain loan or credit approval, not from only the lender and not at all under instant, disqualifying circumstances.

That did not stop mis-selling of PPI, however. Inadequately trained sales staff, pushy sales people and unfair practices of compulsory purchasing caused a tsunami of mis-sold PPI covers.

It wasn't just small auto loan finance companies that mis-sold PPI covers. Capital One, Lloyd's, Alliance & Leicester, HSBC and others have been fined millions for misleading consumers into purchasing unnecessary PPI covers.

When Do I Make a Mis-Sold PPI Claim?

You don't need to wait until you pay off that credit card or pay off that car loan or mortgage. If you obtained or paid off a loan or credit of any sort during the last decade, you would claim back an average of £3,000 in mis-sold PPI refunds - even if you didn't know you had purchased PPI cover in the first place.

The Financial Services Authority created a 10-point list of qualifications for mis-sold PPI claims. If you think you might qualify, don't wait any longer. Apply online this very minute or call one of our expert specialists at 0800 542 5646, and we can assess your mis-sold PPI claim possibility. If you seem to qualify, we'll send you the application package and start working to get your PPI refund to you as soon as possible.