Tuesday 15 January 2013

Are You a Victim of Mis-sold PPI Policy? Then, Read On…

Over the last year or two, many studies have been conducted in United Kingdom pertaining to the ever increasing count of mis-sold PPI claims. According to one such study, it has been found that more than 20 million such policies have been sold by Specialist Lenders, Banks, Mortgage Brokers, Finance Companies and Building Societies. Surprisingly, in 90 percent of the cases, a buyer or borrower was not informed about it. Victims of mis-sold policy are now filing complaint asking for reimbursement. If you are also facing a situation similar to this, then PPI Claims Company can come to your rescue.

No doubt that policy like this has its own benefits. It helps you cover the peril on failure to pay off borrowed money. Just picture a scenario – you are stuck in an unpredicted problem and finding it tough to repay leaned amount. This is where the role of this policy comes into play. It lets you make repayment of loan regardless of the problems that have cropped up in your life. However, the way in which it is mis-sold to people has forced many to file for Payment Protection Insurance Reclaim. Once you have filed for the claim taking help of an experienced and professional company, you can rest assured to get your money back. However, the entire process might take eight to twelve months.

Tuesday 8 January 2013

Mis sold PPI Claims- Reclaim Payment Protection Policy without Delay

In recent times, PPI claims have strong legal back up. People who think that they have been mis-sold PPI can reclaim it rightfully. The best part is that there are no costs incurred for the same. Payment Protection Insurance is best defined as an insurance product that can cover an outstanding debt. In case, the debtor is unable to repay the borrowed sums due to sickness, accident, disability, unemployment or death, this safe net can fulfill his financial obligations. Whether you actually need it depends upon your particular case. It is important to assess your situation before taking it along with your loan.

Many a times, debtors find themselves grabbing the policy along with their loan due to sales tactics of the lending institutions. At some particular times, they are told that if they opt for it along with their loans, the chances for approvals are increased. Some lenders inform that it is mandatory to take it. At other times, it is automatically added to the loan and sometimes, even without the knowledge of the debtor. These practices are known as Mis-sold PPI claims and enable the debtors to reclaim PPI without any hassle.

Thursday 3 January 2013

Get Online Advice For Mis Sold PPI

Are you a victim of mis sold PPI? Whether yes or no, there has been a notable rise in the queries and concerns as far as mis-selling of loan insurance is considered. This can be attributed to the awareness amongst people through reading newspapers or simply browsing the virtual world of the internet. You can file for Mis sold PPI claims if you are a victim of one and get your hard earned money back. Insurance, be it of any form, is optional and borrowers have no compulsion to buy one if they feel it is outside their budget of what they can pay. However, the problem is that many lenders and banks ended up selling Payment Protection Insurance as inherent to loan being borrowed. Many didn’t discuss all the aspects of PPI before selling a loan or credit card.

You can now file for reverse fees for Mis sold PPI. This would help in decreasing the amount of debt a borrower possesses by considerable margin. In addition, it would help you get rid of stress as you will be able to pay off monthly obligations towards lenders and banks. There are various online companies that offer advice when it comes to filling for Mis Sold PPI Claims. Being expert, they will make sure that you face no difficulty throughout the process. They will help you in retrieving money that would help you eradicate debt faster.