Loan Insurance claims

Get advice on PPI loan insurance claims

Payment protection loan insurance is often sold as an add-on on feature for many finance products, such as car finance, credit cards, unsecured loans and store cards and is there to provide cover due to being unable to make payments on borrowings due to unforeseen events. Loan insurance is sold by banks and other credit providers. PPI covers the loan amount for a specified time. It may be from 12 to 24 months. During this period the borrower must find other means to repay the loan.

Regulations must be followed to avoid loan insurance claims

There are certain rules and regulations that must be followed very strictly when selling Payment protection loan insurance. In addition there are certain points the buyer must keep in mind before purchasing PPI insurance to avoid legal problems and claims a later date.

10,000’s of consumers have PPI claims in progress due to being mis-sold PPI

Undoubtedly PPI loan insurance has many advantages but there are certain PPI sellers who have been mis-selling PPI.

Quick Facts on loan insurance claims in the UK

• The PPI sellers have made billions from selling PPI. They are now giving back even more though due to the high amount of PPI and other loan insurance claims
• Lenders have been fined millions for mis-selling in addition to the claims from disgruntled consumers
• There have been so many PPI claim that the media have reported that the PPI selling banks have taken advantage of the public on a large scale
• PPI claims have been coming into the regulators on such as large scale that the government has banned selling PPI at point of sale of buying credit.
• PPI selling was driven by lenders offering commissions to staff.
• There are tens of thousands of loan insurance and PPI claims pending.
• Lender are deliberately holding up complaints on PPI claims.
• The large amount of PPI and Loan insurance claims has landed many banks in trouble with the Governments ombudsman.
• Credit card lenders have charged interest on massive PPI premiums leading to further claims of greed.

If you think you have grounds for a PPI claim simply complete the form below and let us recover the money that is rightfully yours.

If you’re not sure what do to next – get in touch with us. We should be able to sort out which company is involved and pursue then for compensation.

• 'No Win - No Fee' Service and No Upfront Fees
• Expert friendly advice
• We will handle your case from start to finish.

Click here to complete your PPI Claim Form