Getting your money back if you have been missold PPI insurance can be quite easy. If you enlist a claims management company to do it for you they will take care of all the paperwork.
The process of making a claim can take as little as eight weeks. (more…)
Financial institutions are no longer permitted to sell PPI at the same time as loans. Consumers wishing to purchase PPI can decide to buy a regular premium PPI instead. The reason for this is that many payment protection plans were not sold according to the correct guidelines over the years. (more…)
In the event that you took out loan insurance and think that you were mis sold payment protection, are you aware that you can make a claim for compensation?
PPI is a type of insurance which helps you if you find yourself out of a job. You either pay a set monthly payment or sometimes the PPI is added to the overall cost of the loan. (more…)
Anyone who has taken out a loan, mortgage or credit card may also have taken out payment protection insurance also known as PPI. It is designed to aid people with repaying their loans should they be unable to work. This in fine in theory, although in practice many of PPI insurance policies contain exclusion clauses that prevent people from making successful claims. (more…)