Belmont Thornton Logo
Claim Back Loan Insurance

How Can I Claim Back Payment Protection Back

Payment protection insurance (PPI) is a policy type that is supposed to offer repayment assistance when a borrower is unable to make payments, within 'eligible' circumstances. Unfortunately, eligible as defined by the insurance company means that the majority of policyholders will be denied repayment assistance, while eligible from the perspective of many lenders means anyone that is applying for a loan should receive a PPI policy. Sadly, many consumers who are already having difficulties financially are so concerned about the possibility of being denied for the loan that they are in truth willing to pay extra for a payment protection insurance policy, leaving them wondering "How can I claim back payment protection back?" If you've recently discovered that you've been paying for a payment protection insurance (PPI) policy, but are now deemed ineligible for benefits due to the fact that the policy was mis-sold to you by dishonest lender, consider the following to find the answer to the question "How can I claim back payment protection back?"

How Do Lenders Make Money from PPI Policies?

Unsecured personal loans, mortgages, and business loans may have PPI insurance policies included within the total loan amount, which boosts the loan amount and gives the lender a considerable commission. If you're wondering "How can I claim back payment protection back without damaging my credit score?", then you may want to participate in a free consultation with Belmont Thornton, Belmont Thornton. Aside from reducing your monthly repayment costs and lowering the possibility of incurring significant amounts of debt, filing a payment protection claim can provide the funds needed to handle payments that were supposed to be covered by policy benefits.

Prevalence of PPI Mis-Selling

Several well-known financial institutions in the United Kingdom have been fined millions of pounds by the FSA for PPI mis-selling, in addition to being forced to refund the payment protection insurance payments of policyholders. If you were a victim of similar circumstances, you may want to consider claiming back PPI payments with the proven services of a qualified firm like Belmont Thornton, Belmont Thornton. In the year 2009, between 30,000 and 35,000 PPI claims were recorded against unscrupulous creditors that mis-sold PPI. A probable 70-80k people may make an effort to claim back payments that are attributed to mis-sold PPI policies this coming year, finding the answer to the question "How can I claim back payment protection back?" in the process.

How Much are PPI Premium Refunds Worth?

Consulting with the claims team at Belmont Thornton can finally help you to determine how much your claim is worth and in finding an answer to your question "How can I claim back payment protection back?" A £10,000 personal loan can carry a PPI policy that costs as much as £2,500, which could provide a significant refund when claiming PPI insurance back. According to data released by the Citizens Advice Bureau (CAB) a PPI premium can cost anywhere from 13% to an excessive 56% of the amount loaned. In other words, an unsecured personal loan worth £11,000 can carry a PPI premium that costs £5,133! The answer to the question "How can I claim back payment protection back?" is undoubtedly to seek the assistance of Belmont Thornton!

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 Financial Conduct Authority in respect of regulated claims management activities; FRN:838450

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