Belmont Thornton Logo
Claim Back Loan Insurance

Claiming Back Insurance on Loans

It really is a shame that so many UK consumers need to waste their time and effort claiming back insurance on loans but that is what happens when an entire industry has become corrupt. This is not to say that lenders have been the most honest people of the world but there has been nothing as scandalous as the recent payment protection insurance scam they have been inflicting on consumers for more than a decade. Misselling any product is bad and not but when mis-selling a product that is so much more expensive than it could ever be worth, the deception goes beyond words. Luckily, the UK government as mandated that claiming back bank charges as a result of mis-sold PPI is not only legal it is also the right of every consumer who has been scammed.

What Ever Happened to Good Old-Fashioned Ethics?

As mentioned above, most of us know that lenders are out to make money in almost any way they can, but it is beyond comprehension that they could go to such extremes by scamming us out of as much as 50 or 60% above the amount we intended to borrow. Every generation will say they don't know what the world is coming to but there probably wasn't another generation ever in the history of lending that could say they have seen such wide spread dishonesty. Claiming back insurance on loans is important but what is even more important is putting a stop to this practice once and for all. Whatever happened to good old-fashioned ethics? This surely is a question lenders cannot answer as they are still denying us our rights by refusing to honour claims being submitted to them.

Is Claiming Back Insurance on Loans Enough?

Sometimes UK consumers are becoming so enraged by the extent at which they have been robbed of their hard or and money that they want to know if claiming back insurance on loans is enough. As a matter of fact the one thing it can do is give you back your money however is claiming back insurance on loans enough? Probably not! Something needs to be done to put a stop to this illegal practice once and for all. Even though lenders know that borrowers have the right to claim back PPI which was mis-sold to them they continue to mis-sell PPI to the next consumer who walks in the door. Many believe that stricter penalties must be imposed on lenders who insist upon perpetuating the scam. Government has already imposed fines on many of these lenders but it just doesn't seem to be enough. In any case, eventually they will have paid enough money in compensatory damages that they will surely see that it is not in their best interest to continue misselling payment protection insurance.

If you have been mis-sold payment protection insurance then claiming back insurance on loans is probably what you are after at this moment in time. First get your money back then you can put your efforts into stopping this practice once and for all.


Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
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 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.

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