The advantages of making a payment protection insurance claim
Up until 2011, many lenders, including high street banks and credit companies, mis-sold a staggering £5 billion a year worth of payment protection insurance. The insurance, intended to protect pay...
Up until 2011, many lenders, including high street banks and credit companies, mis-sold a staggering £5 billion a year worth of payment protection insurance. The insurance, intended to protect payments in the event of accident or unemployment, was mis-sold when borrowers didnt want or need it, or when they were given the impression that it was not compulsory. When the mis-selling of PPI was eventually ruled as illegal, lenders were told to repay those who had taken out the policies.Financial Reimbursement
There are many advantages of making a payment protection claim, the main obviously being the financial reimbursement. Many people who make successful PPI claims are refunded thousands of pounds each, with some being given cheques for as much as £90,000. The amount which each person is refunded depends upon the size of the loan which the PPI protected, the time period which the loan was taken out for and a number of other factors. The best way to find out how much your claim is likely to be worth is through receiving an assessment from a PPI claims management company, with most people finding that they are entitled to an unexpectedly substantial figure.Entitlement
With lenders unfairly misleading customers for decades this is your chance to take back what was taken from you. Banks have been ordered to repay millions of pounds to their customers, most of which remains as yet unpaid. You have the right to take back what you are entitled to and show your lender that you are not going to let them keep your money. Banks and other PPI sellers are not allowed to treat you any differently for making a payment protection claim, so nothing should hold you back from taking back the money you are entitled to.Hassle-free
management companies understand that the majority of those entitled to
make PPI claims are unsure of their knowledge or ability to contact
their lenders directly. The PPI refund process is complicated and
assessing whether or not you are entitled to make a claim is even more
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Contact reliable claims management company ABC Incorporation for a free assessment of your PPI claim. They work on a no win, no fee basis and have a high success rate, earning mis-sold PPI victims millions of pounds.