Payment Protection Insurance Policies
Although many consumers in the UK are just now hearing about the PPI scandal that has infiltrated the lending industry within the past several years, many of them aren't aware that they may have also fallen prey to mis sold payment protection insurance policies. The problem is much larger than anyone thought it was going to be and more and more information is just now coming to light. Banks, mortgage lenders, credit card companies, merchants and
high purchase financiers potentially owe UK consumers billions of pounds in mis sold PPI claims. If you feel that you too have been a victim of mis sold payment protection insurance policies the following information may be of invaluable assistance.
Have You Been Mis Sold PPI?
The first thing you need to determine is whether or not you actually have PPI. One of the easiest ways to find out whether you have the cover is to carefully examine your original loan documents to see if there is any indication that you were paying anything called loan insurance, mortgage insurance, payment protection insurance or anything of that nature. If you did/are and if the lender did not discuss this with you then it is very likely you were mis sold PPI. After you have found that some form of loan insurance was itemized on your closing statement it is time to talk to someone about filing to reclaim that money. The average consumer has received a PPI reclaim amount between £1,700 and £2,500. Some have even received much, much more especially if they had several mis sold payment protection insurance policies they paid into.
Talking to a Claims Specialist
Belmont Thornton is registered with the Ministry of Justice and they work on
a no win no fee*basis. They have already helped more than 60,000 customers and
reclaimed in excess of £50 million. Their claims handlers are highly experienced at processing and settling claims and many customers receive their money in just eight weeks. If you have any questions regarding payment protection insurance policies or making a claim call our team on 0207 471 2000
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