PPI refunds are owed to millions of people who have been Mis-Sold Payment Protection Insurance – Are you one of them? Read on ……

PPI stands for Payment Protection Insurance or you may recognise it as Accident, Sickness and Unemployment Cover and these have been sold alongside loan and credit agreements for years.

If you have in the past borrowed money from a bank or other money lender by obtaining  loans (secured or non-secured), credit cards or mortgages then you will more than likely have been asked to take out Payment Protection Insurance or PPI. The idea behind this insurance was to ensure repayments to your lender were paid back if you were unable to work through illness, being made unemployed or you became incapacitated.

However with huge profits to be made from PPI, banks and other financial institutions trained their staff up to use aggressive sales tactics to increase their sales of PPI’s without considering the needs of their customers. Such was the commission to be made that you may have been mis-advised or mis-informed about the PPI on your loan or credit card. Some people were never even told that PPI had been added to their loan, are you one of them ???

Our facts are:

Many of the PPI policies sold by the banks and other financial companies were worthless and offered the person being insured no protection whatsoever, eg. if you were part time, retired or on a temporary contract, then your PPI policy would probably never pay out and so was totally unsuitable. It may also have been unnecessary if you had sick pay cover through you job or had other insurance provisions in place.

In addition to this, PPI policies offered by the banks were often incredibly expensive, upto four times the market rate. These inflated prices saw monthly repayments rise considerably. In some cases the PPI payments (bearing in mind the total cost was usually added to the loan balance and subject to interest) were as much as the loan itself and made the overall repayments totally unaffordable. Whilst Payment Protection can provide peace of mind for some people were not given the option to purchase the PPI elsewhere and pushed into taking out expensive policies.

This has now led to the Office of Fair Trading getting involved, who have raised their own concerns that many people who took out PPI policies in the past may have been mis-sold them and therefore could be owed thousands of pounds in PPI Compensation. The way the financial institutions went about selling PPI policies has been deemed unethical and has received widespread criticism which has resulted in regulation changes allowing people to file for mis-sold PPI claims to receive compensation or their money back.

Now measures are being taken to investigate the credibility of the PPI market with consumer groups campaigning to get the sale of such policies stamped out altogether. If you have ever been sold payment protection when borrowing money in the past, you may be entitled claim compensation and reclaim all of your contributions.

That is where we at PPI Refunds comes in, because we have done our best to simplify the process of claiming PPI refunds.

The first way we have simplified the process is by ensuring that you keep over 80% of your PPI refunds. There are sites out there that will take over a third of your claim as payment for their services. So check the small print before signing up to anyone else.

The second way is that we work on a no win-no fee basis, so it won’t cost you a penny to start your PPI Refunds Claim. With us there is no hidden agenda, we simply specialise in PPI claims and take all the risk for you: no salesmen, no upfront costs, no cost to you if we lose and of course, we will make the process as quick and simple as possible.

Our promise at PPI refunds is simple, we ensure that :

• There are no up front fee’s.
• We offer a very competitive fee of just 15% upon completion.
• We have experienced and friendly staff.
• We will investigate  your claim thoroughly.
• Finally we will check that your offer of compensation is fair and consistent with regulatory guidance.

So don’t delay, start your PPI Claim today at PPI Refunds .co.uk – all you have to do is fill in the form on the right hand side of this page.

The majority of companies that are stating that they will claim back your PPI, like us have no upfront fees, however please check out their small print as you can expect to see a charge of anywhere between 20% and 40% commission being taken from your successful PPI claim. Our agreement with you is a low claims management fee of just 15% +VAT on completion, which means that you get to keep more of your PPI refund when you go through us.

So complete the application form on the Right Hand Side of this page or call us on 0800 048 8820 and speak to one of our friendly advisor’s today about starting a PPI refunds claim.