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Being that payment protection insurance is supposed to be a financial blanket insomuch as it was designed to aid the borrower in case he/she was not able to make a payment, it is ridiculous that less than 20% of its policyholders met the requirements for eligibility. These policyholders have been taken advantage of by the financial institutions who were out for profit by adding payment protection to its services in order to charge additional interest on the payments for the insurance .Most borrowers want to claim payment protection insurance so that they may be able to repair their financial situation caused by the lenders.

Considering that payment protection, payment insurance, loan insurance, loan protection insurance, and payment protection insurance was added numerous hundreds of thousands of United Kingdom citizen's financial services and over 80% of them being useless it is only cause and effect as to why the general public is attempting to claim payment protection insurance at such alarming rates. The lenders that mis-sold payment protection insurance are the reason for these lopsided statistics. They often times did not tell the prospective borrower that payment protection insurance was optional and sometimes they even went so far as to not even inform the borrower that the payment protection insurance would be included in their loan.

These types of underhanded tactics have caused numerous financial meltdowns in the United Kingdom. It is sort of like a mathematical equation to whereas no matter what you end up losing. Then about it, you're paying up to an additional 50% of interest on the loan, you're also having to add another monthly financial obligation, and to top it off the additional money you are paying to provide yourself with loan protection insurance in case of financial hardship could have been saved by you instead of being wasted because you are not able to use the policy.

If you find yourself in a position of being taken advantage of by one of the lenders who was mis-selling payment protection insurance do not feel alone there are countless hundreds of thousands of people in the same situation. For this reason, the protection claims companies have been helping consumers to claim payment protection insurance so that they may be able to heal the wounds caused by the lenders. These companies have experts that claim payment protection insurance on a daily basis and know what to expect from the lenders so as to make the process easier for you.

Reputable payment protection insurance claims companies can start to claim payment protection insurance refunds within as few as 24 hours and work on a no win no fee basis. Only the best PPI claims companies have been certified by the Ministry of Justice to claim payment protection insurance. The company that meets the highest standards should be the company you want to do business with so you can claim payment protection insurance and get the most compensation possible.

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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.

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