Get Your PPI Compensation The Easy Way

The £5.5billion PPI Compensation Provision

Most of you reading this will be aware that the UK banks challenged the FSA’s guidelines for handing PPI complaints in court earlier this year and lost.  After having argued that they should not have to repay their customers mis sold PPI premiums as the FSA had applied rules retrospectively, they finally did the right thing and agreed to set aside funds of over £5.5 billion as a provision for PPI compensation.

The largest sum agreed, is the £3.2billion set aside by Lloyds Banking Group, followed by Barclays and RBS who both set aside £1billion each. However, the total cost of repaying the PPI premiums to customers who were mis sold, could well be over £10billion across the UK banking sector.

PPI is a major problem to millions of UK banking consumers because they’ve been paying for cover they either didn’t agree to or didn’t know about. It’s been sold inappropriately to customers who could never benefit from it, which means you could be entitled to a PPI reclaim.

It’s fast and easy to get your PPI Compensation, just complete the simple online form or call FREEPHONE 0800 840 7292 and we will work it out in a jiffy.

It doesn’t matter if you’ve already paid back the your loan, credit card or finance, you can still claim PPI compensation because you may have paid for the whole cost of the cover upfront. In this circumstance you should really look in to whether you have a claim as you may have been paying interest on the PPI along with the borrowing. To get your PPI compensation sorted, call PPI Refunds UK today on FreePhone 0800 840 7292 and get your hard–earned back where it belongs – in your pocket.

Claim PPI Compensation Using Our Experts

It is possible to reclaim PPI without using the services of a PPI Claims Company via the Financial Ombudsman Services… and doing so is absolutely free and will not necessarily prolong the settlement of your PPI claim, as the the banks have agreed timescales for settling PPI complaints with the FSA.

However, reclaiming PPI on your own can be very stressful as lenders have been know to use delay tactics to put people off claiming. These include losing important documents which leads to time-consuming re-applications and the need to re–send their claim forms again.

You can avoid all the stress and give yourself the best chance of a successful claim by using a PPI claims specialist such as PPI Refunds UK. We know how the claims process works and where the opportunities for delay are and we simply drive your claim through. To get your PPI compensation sorted with zero hassle and effort, give us a call now on 0800 840 7292.