Loan and Credit Card Protection PPI Claims
Personal Protection Insurance: Make a claim for PPI on your Loan and Credit CardYou may not have even realised that you were sold PPI at the time you took out your loan or credit card or, alternatively, you may have known that you were sold it but did not think that you had the option to refuse it.
Not sure whether you were sold Payment Protection Insurance (PPI)? Then call us now for a free PPI CLAIMS check-up. If you still have your loan/credit card papers check immediately because you might be in for a big surprise.
CLAIMS are specialists at winning compensation for people that were mis sold this expensive product. The PPI was meant to protect the borrower against the risk of being unable to make repayments in the event of accident, sickness or unemployment but on occasions it failed to do so when customers needed this most. Over 17 firms have now been fined by the Office of Fair Trading (OFT) for mis sold PPI including Alliance & Leicester who were fined over £7 million in October 2008. In 2009 the FSA and OFT finally stepped in to stop all firms selling single-premium PPI alongside loans to ensure that these problems do not continue in the future.