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Claim Back My Bank Charges

Disputing any type of bank charges can be a frustrating and difficult task that requires you to contact supervisors and wait on hold for hours at a time in some cases. Perhaps even more frustrating is the fact that most customers do not have their wishes granted when attempting to receive a refund for seemingly unfair surcharges or penalties. Luckily, if you've been charged for a payment protection insurance (PPI) policy, but are now unable to receive repayment assistance, you may be able to file a payment protection claim and reclaim all of the funds spent on the unnecessary policy. If you've been asking yourself the question "can I claim back my bank charges related to a mis-sold PPI policy", consider the answers to the following questions.

How Can a PPI Claim Company Help Me Claim Back My Bank Charges?

PPI policies are often sold by lenders in an attempt to increase profits earned through interest and raise the overall loan amount. Luckily, several financial authorities in the United Kingdom have taken notice of this unfair practice and are rewarding victimized borrowers. Even though the odds of receiving retribution after paying for a PPI policy are already good, by utilizing the assistance of Belmont Thornton you can maximize your chances of success, while also minimizing effort and time spent. In addition, professional PPI claim companies will not charge for services unless you're able to receive a full PPI refund.

Who Will Be Providing Compensation When I Claim Back My Bank Charges?

One of the most common questions asked by PPI policyholders and borrowers who are attempting to receive a refund is - "who will pay when I claim back my bank charges"? Since it is the responsibility of the lender to ensure that you are eligible before enrolling for a PPI policy, the financial institution, lender, or credit card company that sold you the PPI policy will be liable for returning your bank charges. Regardless of whether the lender that sold you the policy is a major bank or a small-time private lender, they'll be obligated to return your PPI payments if it can be proven that the policy was mis-sold (as are the majority of PPI policies).

How Long Will It Take to Claim Back My Bank Charges?

The second most popular question asked by PPI victims would be, "How long will it take to claim back my bank charges"? The answer to this question varies depending on several factors, including but not limited to the willingness of the lender to comply, and the loan amount and type. The entire PPI claims process usually takes anywhere from 2 to 8 weeks, and the average amount reclaimed ranges from £2000 to £3000, however could be as little as £100 or as much as £10,000 or more.

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Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

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* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

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