Many financial products – home mortgages, car loans, insurance policies, Credit cards, hire-purchase/lease arrangements – come with some form of Payment Protection Insurance (PPI), that protects the borrower through guarantees to the lender that they (the lending institutions) will get their money back if anything untoward happens to the borrower. Borrowers of course pay for such protection. Unfortunately, quite often, these protection tools haven’t really stood up to their reputation, often failing to pay out against a claim made by the borrower. In desperation, consumers of such debt instruments have turned to professional PPI claims people who have taken up the fight on their behalf.
The challenge that individuals have in filing PPI claims on their own are huge, primarily because of the type of complexities created when a claim arises.
An insurance company may turn down a PPI claim that a borrower believes is justified. Insurance companies often point to “exclusion clauses” that are in the small print of their policies to justify denial of your claim
In many cases, the consumers (you!) are not even aware that they have taken out a PPI policy that they really didn’t want in the first place
Often, unscrupulous sales agents or brokers sell you a policy without adequately describing it to you. Not realizing that this policy is not suitable for you, you may have signed on the dotted line and become an unwanted victim of the PPI “scheme”
Get professional help
If your claim has been denied, or if you suspect that you have been done wrong as a result of an unfair PPI policy, you need to get in touch with people who have made it their mission to help aggrieved individuals such as yourself. PPI claims people are professionals who know the process of filing successful PPI claims, and are intimately familiar with all the loopholes that lenders and financial institutions use to disguise their activities.
For an individual to get familiar with that process, and then to spend countless hours following the process, submitting paperwork and filing forms, is just unacceptable. Why would you want to go through that nightmare when there are qualified, experienced PPI claims people available to take on your fight.
A good deal for PPI consumers
If you are someone affected by PPI, then you are probably one of over 3 million waiting to collect. This financial “scam” is so huge, that institutions such as Barclays , RBS, Lloyds-HBOS and HSBC have been ordered by financial regulators to pay back over £9bn to their victims. When that much money is at stake, you don’t think that highly paid lawyers will just accept your PPI claim application, do you?
Individuals working with PPI claims people have produced results – some claims have been settled in just as little as 8 weeks. In most cases, you don’t have to search through your archives to dig out old original documents. Professionals helping you with your PPI claim take care of all that directly with the lender. And if your claim is denied, you don’t pay the people fighting for you anything. That’s their “No Win No Fee” guarantee!
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