PPI Mis selling advice

Many banks & other lenders have been found guilty of PPI mis-selling

PPI or Payment Protection Insurance is a policy covering outstanding debts in case the borrower is not able to pay due to illness, accident, death, theft, unemployment or any such conditions.

In case the borrower is unable to pay off his debt this insurance policy covers the debts for a limited period after. Aggressive PPI sales tactics has given rise to widespread cases of mis-selling all over the world.

• PPI is sold along with various credit agreements, most commonly credit cards.
• In simpler terms, credit card PPI covers the credit card bills in case the borrower is financially unstable due to certain conditions.
• PPI selling agents employed by banks and credit card firms has made PPI sound very attractive to the public.
• PPI could be avoided by providing more information to the public about PPI Policies.
• The Banks and Credit Card Companies have made huge profits from PPI miselling by selling policies to customers who would never use them or won’t be eligible for using the policy.

Mis-selling of PPI occurs in various forms.

• Most common is when the customer is unaware of the PPI policy being charged to him.
• The common PPI misselling has taken place by credit card issuers.
• PPI Mis-selling has often occurred when the consumer has been told that the PPI is compulsory.
• If at the time of buying the PPI insurance the customer is retired, unemployed or self-employed the PPI is not entitled to pay off their outstanding debts. This insurance is thus a useless expense for such a person. policy. Customers with a medical condition registered as

Reclaiming PPI’s has never been easier and if you think you’ve been mis-sold a policy, now is the time to make your voice heard. All you need to do is write an application to the card company or bank stating your reason and complaint.

For further advice on writing a PPI claim letter 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