PPI – PPi.org.uk

PPI or “Payment Protection Insurance” is a common insurance practice that is used by lenders that requires borrowing clients to purchase insurance in order to be approved for a mortgage, a loan, or in order to become a major credit card holder or other credit recipient.

Unfortunately, many borrowers are unaware of the legal aspects of purchasing a PPI policy. The practice of lenders requiring consumers to purchase this PPI policy is a practice that has attracted significant attention from the Office of Fair Trading (OFT) over the past few years. The OFT have discovered that there are many individuals that can be compensated for thousands of pounds of PPI payments. This has prompted aggressive action from the OFT to bring restitution to the consumer by regulating a law that changes lending procedures.

Filing A Claim
Millions of consumers have successfully won their claims against this lending practice. If you believe you have been falsely informed by a lending agency into purchasing an unnecessary PPI policy, you are encouraged to file a claim today with Active Legal Services LTD to qualify for receiving a full compensation for all monies paid into this deceptive insurance programme. In order to protect you, the consumer, the Financial Services Authority have developed specific guidelines that help protect you in the PPI and insurance market.

It is our aim to assist you, the consumer, by working cooperatively with the Competition Commission in eliminating the deceptive insurance practices relating to PPI policies. Available for your immediate assistance is a professional staff that is thoroughly trained and experienced to help you receive all of the compensation you are entitled to. Call today to receive all of the details that could bring you a swift resolution to this financial matter.