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False Sale of Loan Protection

There are so many different things happening in the UK with payment protection insurance. People are being misled by lenders, filing PPI claims and all sorts of other things as a result of the false sale of loan protection insurance. In fact thousands of people have literally been up in arms about this issue. If you are at this site then you are probably one of the people who have been in some way affected by the false sale of loan protection by one or more lenders. Perhaps you are not quite sure if you have been a victim or not and would like to know. If you have recently found payment or loan protection insurance on one of your statements and had no prior knowledge then this is probably mis sold PPI.

It's For My Own Protection?

False sale of loan protection does not have to occur behind your back. There are other ways that a lender can mis sell you loan protection. For example, if a lender tells you that loan protection will be attached to your loan, "for your own protection of course" but fails to give you vital details such as factors which could cause you to be turned down for a claim then this is considered false sale of loan protection. Payment protection insurance companies have extremely strict guidelines for covering people. This is why only a small percentage, in fact extremely small, is ever actually approved for a loan repayment claim.

CAB Super Complaint In Response to Consumer Anger

Lenders all over the UK have been practicing false sale of loan insurance for a number of years. However, it has only recently come to light after the super complaint was lodged by the Consumer Affairs Bureau (CAB) in the mid 2000's. This has prompted thousands of PPI claims. People are angry and they want justice which they cannot be blamed for. If you are one of these people and have come here to try and get information in order to file your own payment protection claim then we are confident we get be of assistance.

Claiming Back False Sale of Loan Protection

The first thing you need before filing a claim for false sale of loan protection is proof that you have been mis sold the cover. There are many ways to prove this but you should know that as of know the burden of proof really lies with the lenders. This is mainly because the problem has become so wide spread that it is expected that the turn out will be in your favour. Belmont Thornton has helped a great many people claim back money that they've paid for the false sale of loan protection.

The process is rather easy as all you must do is either call us or use our simple online quick claim form. We will prepare your claim packet and send it to you in the post within just a couple of days. This will help you to begin the process of claiming back money that you've spent when you should not have.

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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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