If you have a loan with any Financial institution you may be able to reclaim thousands if you have been miss sold PPI and had this type of insurance added to your loan without your knowledge, as many have. You can even claim on loans you have already paid off.
Some of the providers where successful claims have been made against them for this illegal selling are Abbey, Alliance & Leicester, Barclays, Bradford & Bingley, Halifax, HSBC, Lloyds TSB, Natwest, RBS, Northern Rock and others.
How to Make a Claim
To find out if you could make there are several No Win, No Fee claims companies operating who will help you and advise you on whether you will have a successful claim. In most cases you do have a very good chance.
On average there is over a 90% chance you can get help with your claim compensation and you could receive a refund within 8 weeks.
There have been a huge amount of successful claims to-date and one was as much as £28,600, the average is over £2,000, just for applying – what have you got to lose, it costs nothing to apply with these companies.
Recent Investigations by the Office of Fair Trading (OFT) and the Financial Services Authority (FSA) have found that customers with Payment Protection Insurance or Credit Card Charges will miss out on a refund if they fail to make a claim.
The Financial Services Authority, Financial Ombudsman and Financial Services Compensation Scheme all want you to make a payment protection claim and have taken almost £150 million pounds from insurers so they can pay out to those who request compensation. So they know its coming. Don’t miss out.
If you are one of the literally millions of people that have taken out Payment Protection Insurance (PPI) on a loan or credit card we urge you to make a claim before time runs out.
What Should I look for in good PPI Claim Companies
We suggest you look for the following before applying as many companies charge you an upfront fee, which we advise avoiding all costs.
Is the company;-
- Regulated by the Ministry of Justice in respect of regulated claims management activities
- Registered with the Information Commissioner's Office
- Registered with the Data Protection Registrar.
- No Upfront Fees.
- Offer a No Win, No Fee.
Simply contact a few of them and check out their services they offer and whether they are free, with no upfront charges. They’ll do all the work for you.
We have a PPI letter template you can use to start your PP Claim.