Only 29 days left on which to register your PPI claim! After this date the banks will keep all unclaimed PPI!
Don’t miss out thinking that there is plenty of time left in which to register your claim, the 29th will be here before you know it!
It costs nothing to register and if you haven’t got the details we will find them for you so call today on 01942 619911 and speak to one of our advisors. You’ve seen the FCA’s adverts on the TV so what are you waiting for?
The simple act of calling our office could be worth thousands of pounds, money that could really be of benefit to you so call, don’t put it off until tomorrow, it’s your money!
A report by Which has revealed that banks could owe millions
of pounds more in compensation for mis-sold PPI because they have failed to
properly investigate claims.
The consumer group found that banks “routinely dodge
potential refunds” by not checking all the policies a claimant has held,
instead choosing to only investigate the individual policies named, without
mentioning to the customer that they had other PPI policies that might be
eligible for compensation!
All the high street banks confirmed that they limited their
investigations to the policy referenced, unless a customer makes a general
complaint or explicitly requests that the bank checks all policies sold.
Firms have admitted that they are doing the bare minimum to
compensate victims by failing to investigate and flag all the policies a
claimant might have held, meaning millions could be left unclaimed.
The deadline to register a claim is the 29th of
August and any claims lodged after that date will not be considered for compensation.
If you think that you may have had additional policies that
have not been compensated, we would advise you to re-lodge a general claim.
If you would like advice or help please call one of our advisors on 01942 619911 today. Remember it costs nothing to ask and you might have a lot to gain!
There are 2 reasons that you may be able to reclaim PPI payments.
1 PPI was mis-sold to you
2 The provider earned a high level of commission but didn’t tell you.
Claim for mis-sold PPI
its likely that you were mis-sold PPI if any of the items below apply to you. The list is not comprehensive and there may be more!
you were pressured into buying PPI or told you must have PPI
you were promised a cheaper rate if you bought PPI
you were told your loan or credit application was more likely to be accepted if you bought PPI
PPI was added without telling you
you were advised to buy PPI that did not suit your circumstances or needs
you were self-employed, unemployed or retired but advised to buy PPI
you had a pre-existing medical condition at the time of buying PPI, which may have affected your ability to make an insurance claim
you were advised that a pre-existing medical condition was included in your PPI policy (or advised that it wasn’t included)
it was not made clear that you would pay interest on the PPI if it was added to your loan
it was not made clear that the PPI would end before the loan or credit was repaid
Complain about commission earned by a provider
A provider was usually paid ‘commission’ by the insurer, as a reward for the sale of PPI. If you had PPI, the money for this commission would come out of the payments you made for the policy.
A ‘high level of commission’ typically means it was more than half of what you’ve paid for your PPI policy.
You may be eligible to get back some money if your PPI policy covered repayments on a credit agreement – like a credit card or loan – and you:
took it out before 6 April 2007, but it was still open on or after 6 April 2008 (even if you had stopped using it)
took it out on or after 6 April 2007 (whether or not it was still open on or after 6 April 2008)
If your PPI policy covered a mortgage, you may also be eligible to get back some money in certain circumstances, and you should contact our office on 01942 619911 for more information.
Rejected PPI claims
If you have previously had a PPI claim rejected you can still complain about the interest earned by the bank or provider. The deadline of the 29th of August is fast approaching so don’t delay! Call today on 01942 61911 and speak to one of our advisers.