Refund Loan Protection
No one automatically thinks that walking into a lenders office for a loan could result in them being misled into something even more expensive than they could have ever imagined. However, this is exactly what happens to people when they go into a financial institution and apply for a loan of any kind. It does not matter if it is a mortgage loan, a personal loan, an auto loan or even a line of credit.
Payment protection insurance, also called PPI, has been disguised a little recently in terms of new names lenders have been using such as loan insurance or loan protection but it truly is the same thing. The issue lies with the fact that there are so few people who are eligible to receive loan repayments when they file claims. This is usually because of mis sold PPI. In order to understand mis sold payment protection you must first understand the many ways in which this can be done.
To be honest, it may be easier to explain the few conditions which can approve you for cover under a PPI policy. However, there are more exclusions and circumstances that disqualify a person for cover. No one who works for a temporary job can be covered. If a person works for a company that provides compensated sick days then that person cannot receive benefits from PPI cover. Back injuries of any kind are not covered and pre-existing conditions automatically disqualify you for cover. Age also plays a major role in whether or not a person can be covered.
With all of these conditions you would think that there wouldn't be nearly as many people walking around with PPI but sadly there are. In fact, about 85% of the people who have PPI today do have some condition from the above mentioned. This leads thousands of people to file for refund loan protection money. When you make a claim for refund loan protection payments, it is best to use a professional company that has been in the field for quite awhile and knows how to get you the fastest possible refund loan protection money.
There have been an abundance of refund loan protection claims since the year 2005 and with each passing year they seem to be increasing by the tens of thousands. Belmont Thornton is a no win no fee* payment protection claims management company with teams that have the experience and knowledge to help anyone get through even the most difficult refund loan protection claim.
The most important thing to remember is that you are not going through this ordeal alone. Your claims team will be right there with you to help guide you through every step of the mis sold PPI claim filing process. If an appeal ensues, they will also be there to help you through it. No win no fee* service means that you will not need to pay until such time as you receive your refund loan protection money. This is one thing that really sets us apart from the competition. For further information call the claims team on 0207 471 2000.
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