Belmont Thornton Logo
Claim Back Loan Insurance

Claim PPI Insurance

Payment protection insurance has received a bad reputation because of the lenders who sold it. Many lenders did not care as to how they made their money as long as the money was made. It seems as though all the lenders were concerned with is how many cars they could buy this year or what kind of new gadget they would buy before anyone else could. The lenders have strayed away from actually helping people in the need of loans but rather, they are taking advantage of the people who pay them, hence biting the hand that feeds them.

What Have They Done?

In the recent decade countless United Kingdom citizens have tried to claim PPI insurance. This is mainly due to most of the policies being mis-sold. Mis sold PPI ran rampant throughout the United Kingdom because a majority of the lenders were trying to make additional money in areas they had no business in. The lenders mis sold payment protection so that they may be able to charge more interest on the loan if they added payment protection to it. Considering that the average payment protection policy would add upwards of 50% of interest onto the life of the policy it is easy to see why many lenders would want to sell payment protection to everyone possible. Common ways in which lenders sold PPI that constitute a mis-sale include:

  • Not advising a potential customer as to how much a payment protection insurance policy could cost
  • Not sharing with the potential customer that payment protection insurance is optional.
  • Not making sure the would-be buyer is aware of the requirements for eligibility.
  • Not making sure the would-be buyer is aware of the requirements for eligibility.

With this information you may be able to assess your situation to find out if you may be able to claim PPI insurance.

How to Fight Back

After you have found out whether or not you qualify to claim PPI insurance it would be wise to at least get some free advice from a PPI claims company. When trying to claim PPI insurance the lenders are going to fight as hard as they can to deny all claims. Just because their deceitful cover has been blown doesn't mean they don't want your money. Many PPI claims companies that offer free advice on how to claim PPI insurance work on a no-win no pay policy. These companies are also quite helpful if you need to employ their services while trying to claim PPI insurance because they encounter the same list of scenarios all the time. They understand what it takes to claim PPI insurance on behalf of a borrower and can normally get started on your claim within 24 hours. Many of these same companies also can get the claim process finished within eight weeks ensuring that only minimal financial damage is done to the borrower. PPI claims companies are like knights in shining armor for damsels in distress.

Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Post Code 
Claim Back Mis-Sold PPI Button

Why Choose Us?

  • TickAbsolutely No Upfront Costs. No Win No Fee*
  • TickSpecialist Claims Team Always On Hand To Answer Your Questions
  • TickQuick, Easy And Simple Process
  • TickU.K. Based Call Center
  • TickGuaranteed To Start Your Claim In 24 Hours

Loan claim: Building societies warn of house price bubble

The Building Societies Association (BSA) is the latest to warn about the potential house price bubble that could arise f...

Bank claim: Lloyds raised concerns on Co-op finances

Lloyds Banking Group was aware that the financial position of the Co-Operative bank was unstable, said Lloyds chief exec...

Loan claim: first time buyers locked out for a decade

First time buyers will have to save up their deposit on a house for more than ten years, according to research from the ...

Bank charges: Commission tackles issue of RBS

The weak position of the Royal Bank of Scotland (RBS) is damaging to the UK economy, according to the Parliamentary Comm...

Bank charges: Report says customers and taxpayers were failed

Customers and taxpayers have been failed by the financial sector, according to the final report from the Parliamentary C...

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.

Please note that calls may be monitored for the purposes of staff training.

* 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.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide