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How Do I Claim Back PPI

You would think that there would be an easy answer to, "How do I claim back PPI?" but there really isn't a single answer that would suffice. Before trying to figure out how to file PPI claims you would need to understand a little bit about how PPI is mis sold and even what it is in the first place. After that you can go about answering your question, "How do I claim for PPI that was mis sold?"

What PPI Is and What It Isn't

When a lender tries to sell you payment protection insurance (PPI) the first thing you will be told is that it is insurance that will provide repayment cover in the event that you should be out of work due to unemployment or illness. Unfortunately, what they don't tell you is that there are very few people who ever qualify for the cover and that fewer than 15% of claims are ever honoured. In theory it is a great cover, but in reality it leaves a lot to be desired. How do I claim back PPI? The best way to claim back PPI is to understand that if you were mis sold payment protection insurance but were ineligible for cover from the start, you may qualify for a PPI reclaim of any money you paid into the cover. Even if your lender didn't know you had pre-existing medical conditions or didn't know that you were a contract, temporary worker, it is his/her responsibility to know that. The Financial Services Authority (FSA) explicitly says that it is the responsibility to fully understand the borrower's needs and only sell an insurance product that meets those needs. Any reason for being PPI mis sold or mis represented would qualify you to claim back PPI.

Finding Help Filing PPI Claims

You can't go around to fully asking yourself, "How do I claim for PPI?" because it is counterproductive. You probably would be better served to see the advice and assistance of a professional claims management company. There is a reason why government is endorsing third party claims that is because professionals such as Belmont Thornton, Belmont Thornton, can file a claim expeditiously. When a claim is filed through Belmont Thornton all the paperwork is in order in any supporting documentation is there is well. This will actually place less of a workload on such entities as the Financial Ombudsman Service because claims will not you sent back as incomplete or denied as often. Keep in mind that PPI claims need to have everything in order before the lender or any government body can make a sound decision. Belmont Thornton's claims team will respond to your question, "How can I claim back PPI?" by asking questions to see if they feel you have a claim, after which they will provide a claim packet for you to complete. By the time your claim is filed with the lender, everything will be included so that the lender can make an informed decision. To speak with a member of the claims team, call 0207 471 2000 and you will be on your way to filing for the refund you deserve.


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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 www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit 16, Elysium Gate, 126 New Kings Road, London, SW6 4LZ and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

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* 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.

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