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Claim Back Payment Protection Cover

Payment protection cover, also commonly referred to as loan protection insurance, is a type of coverage offered to borrowers that is supposed to provide repayment assistance in the event of unemployment, illness, or injury. To mis-sell these policies many lenders will persuade borrowers into believing that the policy is mandatory for loan approval, or that it will somehow affect the loan amount. Other lenders will completely fail to mention the policy, causing the borrower to pay for it in small increments with each monthly repayment. Most unscrupulous lenders will simply add the cost of the PPI policy to the overall amount, thereby causing it to accrue interest along with the original loan.

Why Are PPI Refunds so Common?

Various financial authorities in the United Kingdom that are in charge of determining whether or not policies are mis-sold are aware of the fact that the majority of PPI policies are useless to the borrowers that they claim to protect. As such, a large number of PPI refunds have been honoured by courts since 2006, when several investigations revealed that various prominent financial institutions were engaging in extensive PPI mis-selling scandals. In fact, several banks were fined millions of pounds and were forced to issue a PPI refund to all customers that attempted to claim back payment protection cover costs.

Why Should You Claim Back Payment Protection Cover?

Even after discovering the extent of PPI mis-selling in the UK many borrowers question whether or not they should cancel their PPI policy. It should be noted that a PPI policy cannot be cancelled if it has already been paid for by the lender, as the borrower is simply paying interest towards the original loan amount and a PPI policy that was already purchased. Thus, the only way to cancel and reclaim the funds spent on an unnecessary PPI policy would be to claim back payment protection cover fees and request that the loan terms and conditions are restructured. Not only will this stop future PPI charges, it will provide additional funds that can be used to repay existing debts.

Claim Back Payment Protection Cover in Less Than Eight Weeks

A PPI claims specialist can help you claim back payment protection cover in less than two months guaranteed, and will not charge you at all unless your claim is honoured. PPI claims attorneys are able to facilitate an expeditious claims process due to their industry connections with appropriate financial authorities and their expertise in dealing directly with troublesome lenders. By having an attorney represent your case and contact all of the necessary parties you can be sure that your case is being handled in a professional and efficient manner. In fact, even after you claim back payment protection cover your PPI claims specialist may conduct a follow-up consultation to ensure that you are not being harassed, overcharged, or wrongfully treated after your PPI claims case.


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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 www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B16, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

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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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