Showing posts with label Mis sold PPI. Show all posts
Showing posts with label Mis sold PPI. Show all posts

Tuesday, 25 December 2012

Wondering When Can You File For PPI Claim?

The rise in PPI Claims is not at all surprising because a large number of UK citizens have been the victim of MIS sold PPI. The policy holders were fumed upon learning that they never needed Payment Protection Insurance, in the first place. The controversies only got bigger that PPI is an optional coverage. If you are one of the victims of mis sold payment protection insurance then it is high time to file for compensation. It is essential for you to prove that you have been mis sold PPI. The approach of selling is just the one reason.

Enlisted are situations in which you can file for PPI Claim:

•    You were not informed that it is an optional coverage. Instead you were given an impression that it is standard and mandatory.

•    It was automatically added on your loan or credit card without informing you about its nature and purpose.

•    Lenders and bank use different kinds of selling strategies. For instance, a buyer would be told that his loan application would be given an approval only if agrees to buy the policy.

•    Not all the option related to PPI was discussed with a buyer. If a buyer decides to purchase PPI, he was not told about other lower premium options.

Above are just a few scenarios when you can file for PPI Claims. So, just be alert when you are buying a loan or credit card.

Friday, 21 December 2012

MIS Sold PPI: Reclaim Payment Protection Insurance With Help From Top Experts

Men and money are inseparable from each other. Men need money all the time for business use or for investing in any domestic purchase. Quite often, one has to knock at the doors of lenders who can lend them sufficient money at an agreeable rate and with agreeable terms & conditions. One major drawback which often dissuades people from making long-term borrowings is the fear of non-payment. Suppose, you borrow a fund for a period of 5 years! Now, after the completion of 5 years, if you are not in a position to repay the money, then you may have to sell off your property or may have to dispose of vital assets.

Such a thoughT can be unnerving, since such adversity will put a question mark about the future of your spouse and children. Therefore, it is very satisfying to know that one can avail the facility of payment protection insurance. This policy gives you a cushioning against long-term loans and pays for your liabilities under certain pre-defined conditions. However, people are also being MIS sold PPI, when the policy is sold to them under wrong information. If you have bought this policy without having full knowledge of its structure or after being misrepresented, then this is a clear case of cheating.

It implies that the money which you have been investing in this insurance is going down the drains, since you will not get the claim when the time comes. In this regard, you must equip yourself with full knowledge. It is true that the policy cushions you against medical disorders (excluding mental or psychological ones), injuries, sickness, bankruptcy and unemployment. But there is a catch! If certain facts were hidden from you, then you may have bought it under a delusion. For instance, one cannot make any claims if the person was unemployed during the purchase of the policy. Similarly, you do not enjoy any benefit if the medical disease you are suffering from is owing to stress & anxiety. Plus, if you were already covered by an alternative insurance program and have still been asked to purchase the policy, then it is a case of MIS sold PPI.

Fortunately, several organizations are emerging to provide some relief to the victims of this scam. In the last few years, quite a few organizations have been set up to help people reclaim payment protection insurance money. Thanks to the internet, the awareness has spread very fast and hundreds of victims have already benefited from these programs.

A genuine and reputed expert goes through your case meticulously and examines it to the hilt. After it is verified that you had been victimized by the scammers, a plan is chalked out to help you get back your money. On your part, you just have to fill up a basic form to feed info to these experts. They, thereafter, do everything in their power to ensure that you are able to reclaim payment protection insurance. They also provide you with proper advice so that you are not fooled anytime in the future and can make profitable & secure insurance-related investments.

Tuesday, 18 December 2012

Mis Sold PPI: Get Payment Protection Insurance Reclaim This Christmas

Are you looking for payment protection insurance reclaim? This policy which promises a lot has also backfired on many purchasers. The last few years have shown the ugly side of this business with several clients being cheated and duped by some lesser known organizations. The policy offers such attractive benefits that a number of borrowers just got blinded by it and bought it without gathering enough info about it. Those who have been MIS sold PPI are now cursing their luck, since they lost their money and have nothing much to do other than wait & repent.

This should be taken as an eye-opener and a learning lesson for many. But there’s nothing to lose heart, since there are legal ways to get back your money. We at ‘The PPI Claims’ investigate your case history and assist you in making a successful payment protection insurance reclaim. By making such reclaims, you become entitled and eligible to a monetary return. But the process must be the right one and done deliberately with the aid of attorneys and financial experts. Fortunately, our organization is associated with big names (each is a master of his or her field) and has been helping aggrieved parties reclaim their funds with near-100% success. Therefore, if you think or if you know that you had been MIS sold PPI, then kindly give us a shout-out and we would be glad to be of some help to you. So, this Christmas, you may just party harder after getting back your investments.

Thursday, 13 December 2012

Mis Sold Ppi: 3 Ways We Can Help You With Payment Protection Insurance Reclaim

If you have been MIS sold PPI, then you have been one of the many victims of this economic scam. The scam hasn’t affected you solely but has affected hundreds of people in the past. Hence, as an individual, it can be very difficult for you to extract back your money. If you are really looking for your payment protection insurance reclaim, then you need to get in touch with a professional.  We enjoy expertise in this matter and can help you. Here is how:

i.By checking your case: Our first job is to ensure whether you have been indeed MIS sold PPI! If yes, then we can help you file your case in the lawful manner.

ii. Document preparation: Our professionals can take control of your case and prepare documents & papers for you so that it can be proven legally that you are right in making a reclaim.

iii. Going all the way with you: Depending on your case and the specific circumstance, it may be hard for you to get your payment protection insurance reclaim easily. We expedite the process, reduce your legal expenses, stand by you and ensure that you do ultimately get back your money.

Wednesday, 22 August 2012

Payment Protection Insurance Claim Puts Back The Smile On Many Faces

The PPI scheme is an excellent way to cover your loans and it is known as a payment protection insurance. In case you owe a loan payment and are afflicted with an illness or are having issues regarding your employment, then the Payment protection insurance claim can be surely looked upon for adjusting the same. People who have met with a disability or an accident can also use the merit of this scheme. However it does not cover any kind of psychosomatic issues or disorders related to tension. This is a payment protection plan that helps you during an emergency.

The Payment protection insurance claim has a few stipulations and you can inquire about the same to get to know the details. Usually it comes with a time frame and also includes mortgage cover. The scheme also covers credit card payments and hence is popular among many people. The scheme protects the payment of any kind of loan, which the borrower is not able to pay due to a certain health or situational condition. Buying a PPI surely helps you get more peace of mind and stability in your life. Depending on age and health and other stipulated parameters, the premium varies.

Taking advantage of the fact that the future is about uncertainty, many borrowers face the problem related to Mis sold PPI. Many banks sell PPI along with a loan scheme which is not quite understood by the borrower. Despite the financial ability of the borrower to pay back being strong, the tendency to accept such plans becomes a factor for many uninformed buyers. It is best to be informed about such schemes, so that you are aware of what is in for you, while you are seeking a credit card or an overdraft. The idea given is that having a PPI makes you more worthy about a loan approval and hence many people are gullible about the same.

Payment protection insurance claim can be sought once you are aware about the claim policy. With new laws into force, one can now claim the mis-sold PPI and avail of the benefit. Matters of money have to be attended practically and hence it is good to have a proper understanding and claiming PPI means that you are doing what is rightful. Moreover, a claim that was sold to you due to your insufficient knowledge is not justified. You can use the money from claims to settle other personal loans or adjust your card payments. Plan a holiday or  buy a utility item with the money.

Once a person realizes that the Mis sold PPI is not justified, he can approach the bank and get a claim form filled. The matter is not complex and there is no hassle at all. Though every bank will have its own set of operating procedures, it is so very justified to have your money back. The banks are now letting people use the claim and arranging for easy adherence. There are new formulated policies to ensure that people are not subjected to Mis sold PPI and is a relief to many.