Payment Protection Insurance (PPI)

When an individual borrows money from a lender, through the usage of credit cards, loans or mortgages they have usually been asked to take out insurance known as payment protection insurance (PPI). In recent years it has been bought to attention by the OFT (Office of Fair Trading) that individuals who have taken out such policies may be awarded thousands of pounds in compensation because the policies were mis-sold.
This Insurance has been criticized extensively and as been deemed unethical. This has resulted in regulation changes that allow individuals who have taken such insurance out to claim their money back or be awarded compensation. The PPI policy was sold to clients who did not even require the insurance so the insurance was not worth even the paper it was written on. Claim today to get compensation and reclaim all your payment protection insurance.

It has been argued by some that the payment of Payment Protection Insurance (PPI) is PPI is disgraceful and hopefully will be stamped out when the Competition Commission finally report and remedy on the PPI market.

With have a huge number of clients, and as such we can ensure a great service.  Here at PPI Claim Management we can help you if your case is not subjected to the Financial Ombudsman Service as our legal teams can start legal proceedings against the lenders for mis-representation (mis-selling). 

Can you make a claim?

There are strict guidelines that the Financial Services Authority (FSA) have published for the sale of Payment Protection Insurance. The reasons for stringent guidelines were implemented to ensure customers were not taken advantage of. However this does not seem to be the case. There are millions and millions of people who have taken out PPI policies and are eligible for compensation due to the unethical nature of the customer acquisition and the policy bought.

If you need help to make a claim, make PPI Claim Management your first choice of contact. We have an expert team who have won thousands of cases and have extensive experience in dealing with PPI compensation claims. So please fill in our claim form or call us today on 0161 240 2004.