PPI insurance is being presented in different names. The most common names are loan insurance and mortgage payment insurance. The intention is similar – that of offering financial security if an individual will be in a situation where repayment becomes impossible. There are certain exclusions in the fine print of PPI insurance. This is the source and contention when ....
With the advent of recession and unemployment, people are getting loans from banks and private lending companies to augment their household’s income. However, with all the interest and other charges applied to the total amount of the loan, PPI is also being charged. This is mostly common in credit cards and other finances that require a person to take a loan from a lendi....
An Inside Story of PPI Claims Scandal
The basic purpose of payment protection insurance is to protect the lender as well as borrower in cases when borrower fails to repay the loan because of unforeseen circumstances. It is directly related to the ability of the borrower to repay the loan. The PPI was a part of almost all the loans in the UK before 1998 when it was reported....
With millions of claims still to be submitted and hundreds of thousands of agreements lost what can we do to find out if we were sold payment protection insurance and make ppi claims?
The credit consumer act gives us certain rights in which we can retrieve a copy of our original agreements and we will cover both here.
Sections 77−79 of the Consumer Credit Act 197....
Below is a sample of some of the most frequent questions people ask regarding being Mis sold PPI but if we have not covered your specific question then please contact us with your specific question.
Can I do my own ppi claims?
The simple answer is yes but you must be confident of what your complaint is about and what information you are going to review in your file to lod....
With more and more bad publicity surrounding Claims Management Companies that operate in the ppi claims market it is only a matter of time before people start to complain about the fees they have been charged for the service.
Many organisations such as the Financial Ombudsman, FSA and may other reputable news have been reporting how much claims management companies will ma....
In today’s current economic climate people are looking for ways in which to make extra money and here we will show you a simple way to make an extra £250 per week minimum with no limit on the amount you can earn by simply referring people that possibly have not made ppi claims.
By referring 1 person a day you could make an extra £1000 per month which could go a ....
Millions of pounds have been successfully reclaimed for mis sold ppi by claims management companies and individuals alike but many individuals are still unsure of how to make ppi claims by themselves and by reading this hopefully you will have a understanding of what to do and expect during the process.
Ok firstly you need your finance agreement to see if you have been sol....
After the Court ruling earlier this year regarding PPI Claims some companies have taken it onboard and are dealing with customers efficiently but others are still have very poor practises in place.
Today we will name them based on our experience and maybe with enough pressure they will change their ways so people can get a better service moving forward.
One o....
Recently a client of the claims management company Money and Me Claims won £15,091.00 for their ppi claims that was won after a long hard battle that had to go to the financial Ombudsman for a final decision.
Money and Me Claims firstly submitted the claim to the company and after much debate the company did not uphold the complaint but this did not deter Money and....
Government allowed the fraudulent sales of PPI by renaming it mis selling because the amount of money involved and how much money the banks pay into the government.