With all the doom and gloom surrounding the financial crisis we thought we would share some of our fantastic success stories regarding our PPI claims.
The largest succesful claim we have had for credit card charges has been £2,441 and the largest succesful PPI claim on a credit card has been a whopping £32,757. The customer who recieved this enormous refund is planning a lenghty vacation with his new found wealth.
The largest succesful claim we have had on a loan was a staggering £19,699. This customer was not even aware that they had been charged for PPI. There are a number of ways you could be paying for PPI without your knowldge. A lot of PPI policies were added onto loans withoutthe customers knowledge. If you have had a loan and even if you think you did not take out PPI, it is still highly likely that you have been wrongfully charged for PPI.
To find out if you have been charged for PPI is free and could result in you receiving thousands of pounds. All you need to do is contact one of our expert advisors and you could have claim that will pay for your next holiday or help you pay off any debts.
Lloyds banking group have reported a £3.2 billion first half loss due to the setting aside billions to repay the customers Lloyds ripped off by mis selling Payment Protection Insurance. I wouldn’t feel too sorry for them though as even with the first half loss they are still showing profits of £1.1 billion.
Lloyds PPI claims bill currently stands at £3.2 billion making it the largest of any UK bank. This highlights Lloyds as the nation’s worst offender when it comes to mis-leading customers and trying to deprive them of their hard earned cash. Are we now supposed to feel sorry for them because they have to pay back the illegally gained money?
Let’s not forget the money Lloyds has made off the interest on the PPI money they have delayed paying back. I wonder what the interest is on £3.2 billion. I can assure you it’s more than enough to line the greedy pockets of the bankers. In January Lloyds admitted that nine of its employees earn over £3.4 million a year.
The FSA revealed that in 2009 more than 2,800 bank staff earned over £1 million across the 27 banks regulated by them. Despite the financial crisis and bank bailouts we have still seen huge bonuses paid to bankers this year.
I think its about time we told these banks enough is enough and stopped the exploitation of the British public. We can begin by claiming back every penny the banks took in PPI. To make your PPI Claim contact one of our expert advisors.
People are being warned by Police and Trading standards to be aware of false PPI claims companies that are contacting the public. The warnings come after sadly one pensioner was scammed out of £8000 after being told he was owed a PPI refund.
The same thing also happened to Alan Shutter who was called by a company calling themselves UKASH. The 54 year old was told he was owed thousands of pounds as he had been mis-sold a PPI policy, he was told all he needed to do was to transfer £150 to the company as an upfront payment and they would claim back the money for him. However when the company asked for a further £140 for tax Mr. Shutter called trading standards and discovered he had been duped. He has been unable to get the £150 back and has also been unable to contact the company that took the payment.
PC Tom Ellerby said: “It is really important that people realise very little is ever given for free, and anybody asking for money to beat a loophole in advance of a handsome payout is likely to be trying to deceive you.
Here are a couple of points to help you ensure your PPI claim is with a genuine company.
Any company informing you that you are due thousands of pounds back in PPI before taking any account details from you, is simply lying. It is impossible to know how much money (if any) you are due to be refunded without the company either seeing your copies of credit agreements or contacting the banks on your behalf after you have filled in a form with your details. Therefore avoid all companies that call claiming they already have your details and can see you have paid for PPI it is a lie.
It is illegal for a PPI Claims Company to take payment for your claim upfront and genuine companies will always work under a no win no fee policy. If a company claims to require an upfront payment do not fall for it. Payments to PPI claims companies should only be made after you have received your refund from the lender and genuine PPI companies such as ourselves will only take payment after you have been reimbursed the full amount from the lender.
The Financial Ombudsman Services is certainly dealing with thousands of PPI refund sent in by the clients against the banking institutions. To manage to provide any PPI problem to the Financial Ombudsman Services, you should initially track down all your paperwork and exhaust the internal complaint process of the company where you took out your insurance. When the final decision letter has issued, your own claim can be ready for submission to the Financial Ombudsman Services.
Filing PPI refund may be time consuming and also frustrating for the clients. It’s very important to make sure that the Financial Ombudsman Services receives the entire paper work and statement claim on time since there are deadlines for referring a case to them. Make sure that all your paper work is complete without any relevant information have been left out, otherwise the Financial Ombudsman Services will return them and will ask you to send your own PPI claims once again.
A lot of banks United Kingdom has put the PPI on hold because these major banks feel that they didn’t do anything wrong and didn’t want to admit that they have scammed clients. This action of the banking institutions has caused significant delays of PPI claims, specifically at the Financial Ombudsman Service in which there are a lot of problems waiting to see what the next move is.
Understanding PPI and whether you have an eligible PPI refund claim can be tricky, so we thought you might want to know the three easy steps you can take to see if you have a claim.
1. First you need to find out if you have a PPI policy, you can find this out by looking at the original paperwork for your loan. If you can’t find it, you can request a copy from the lender.
2. While there, also request a copy of your PPI policy’s terms and conditions if you can’t find them and be sure to ask for the original T’s & C’s at the time of your agreement as terms can change.
3. Once you know you have a policy, you can establish how much it’s costing you and whether you’ve been mis sold by speaking to one of our team on 0800 840 7292 or have a chat with an industry expert.
So, there’s three simple steps that will help you find out if you have a policy, if it was mis sold and how much you may be owed. Go do it now! Or if your prefer, we can take care of it all, from requesting paperwork to chasing your lender and securing a payout. Sound good? Get started now…
Look away if you want some cheery financial update about the state of the economy, because this excerpt from the Independent makes for very annoying reading…
“Banks are are cashing in by raising their interest rates, research for The Independent has revealed. Despite the Bank of England last week keeping the base interest rate at a record low of 0.5 per cent for 27 months in a row, the rates which lenders charge customers have risen, in some cases by almost 50 per cent.”
So the banks are still using the lowest base rate on record to make the highest profits on record, with minimum lending rates 500% higher than there were in 2007. To put that more clearly, in July 2007, the rate at which the banks borrowed money from the Bank of England was 5.75%, now they’re paying just 0.5% and charging us all the highest personal loan, credit card and mortgage rates for the last 12 years.
Aside from greed, some industry analysts believe that PPI claims may be to blame for the rise in loan rates…
Speaking about this issue, banking analyst at Defaqto, David Black, says: “One of the reasons that unsecured loan rates have increased is that loan providers are no longer earning commission from payment protection insurance sales. Providers generally are tightening their credit policies and are increasingly limiting unsecured loans to their existing customers.”
Credit card charges claim are the amount entitled to you when you were victimized with unfair deals and transactions of your credit card. This means that you probably have been charged automatically of unknown transactions. You can also be charged unfairly due to late payments that are way off the mark. Any unusual activities and transaction may be considered for examination. Try to look further into the matter. If you have been mis sold PPI then you could make a PPI reclaim and get all of the unfair payments you’ve made, back in your pocket. To start your PPI reclaim, give one of our experts a call now on FreePhone 0800 840 7292.
To fully get your credit card charges claim, you may want to understand first how the process is done. Experts are available to help you in this matter and you may want to contact them. If you don’t have your own lawyer, then law firms who specializes with this claims and issues are a good option for you. To give your PPI reclaim the best possible chance of succeeding, give one of our friendly experts a call now on 0800 840 7292.
Mis sold ppi is the act of a lender to sell you PPI or payment protection insurance that you may not actually need. Payment protection insurance may be sold unfairly. Lenders may have used some schemes to get you under their tab without you knowing. And you should know that you can get refunds and claims for these unfair deals. Go ahead and ask information about these. If you have been mis sold PPI then you could make a PPI reclaim and get all of the unfair payments you’ve made, back in your pocket. To start your PPI reclaim, give one of our experts a call now on FreePhone 0800 840 7292.
Mis sold ppi is a thing that you should work on to and investigate. Remember that the best time is now and help is easily found almost anywhere. So work on them as fast as you can. Good luck. To give your PPI reclaim the best possible chance of succeeding, give one of our friendly experts a call now on 0800 840 7292.
There is what we call PPI reclaim assistance. They are local groups composed of experts and lawyers who specialize in getting claims coming from issues like PPI and other related concerns. You can contact them online or locally visit their address. For now if you think that you have some issues about PPI then don’t hesitate to ask them question. It may range from mis sold PPI, unfair dealings, illegal automatic charges from your credit card, unfair bank charges and all the like. If you have been mis sold PPI then you could make a PPI reclaim and get all of the unfair payments you’ve made, back in your pocket. To start your PPI reclaim, give one of our experts a call now on FreePhone 0800 840 7292.
If you have any of the concerns or doubts that are mentioned above you should not hesitate to consider PPI reclaim. Seek proper advice and go to your assistance. You will be able to get good advice and they can even work for you until you get the amount. They usually don’t ask for payment, instead they only get a very small percentage of the claims. To give your PPI reclaim the best possible chance of succeeding, give one of our friendly experts a call now on 0800 840 7292.
Are you a victim of mis sold PPI? A lot of workers, employees, and other self-employed individuals may have been affected with mis sold charges. They automatically deduct money from your accounts and salaries without proper consent. Usually they will inform the importance of PPI and how you can benefit from it during hard times. Apparently a lot have been mis sold and service is not offered to its appropriate extent. If you have been mis sold PPI then you could make a PPI reclaim and get all of the unfair payments you’ve made, back in your pocket. To start your PPI reclaim, give one of our experts a call now on FreePhone 0800 840 7292.
Report promptly your mis sold PPI to experts or solicitors. They can easily sort the problem out. One has the right to get the full amount back to whatever you have contributed or illegally deducted from your account. The best time to correct mis sold PPI is now. Don’t wait for tomorrow to do it. To give your PPI reclaim the best possible chance of succeeding, give one of our friendly experts a call now on 0800 840 7292.