Category Archives for "PPI Claim Advice"
The exposure of the PPI scandal and the subsequent researches resulted in confirmation of the fact that the selling of PPI or payment protection insurance is somewhat unlawful in the lending business, especially when the lender is forced to buy such insurance or is not given all the information pertaining to such insurance. In many cases, a great deal of evidence suggested there was deception committed by the lending institutions. This became the basis for consumers who actively participated in the campaign for their legitimate rights.
In order to become eligible for a refund of PPI claims, a borrower must meet at least one of following conditions:
When PPIs were declared mis-sold and the issue was pursued by the media, more and more people became conscious of the possibility of getting a refund for the paid PPIs.
Before you start claiming for the refund you have to ascertain several factors:
If you are not really well-versed in the process of claiming mis-sold PPI benefits, it would be better that you go to a claims management company. This agency can study your case, review your documents and ascertain for you if the paid PPI falls under the mis-sold qualification. You do not have to worry about upfront payments for the consultation. Find a claims handling company that accepts no win – no pay conditions.