Belmont Thornton Logo
Claim Back Loan Insurance

How Do I Get My Payment Protection Money Back

No one likes to spend money that isn't necessary, especially when there are so many bills to pay as it is. Mis sold payment protection insurance is often sold alongside loans in the UK and many times it is sold against the borrower's wishes or even against his/her knowledge. In cases like these, it is common to hear them ask, "How do I get my payment protection money back that I did not want to spend?"

Lenders Aren't Likely to Give You a Suitable Answer

The quick answer would be that you would need to file a payment protection claim, but there is always more to it than that. Yes, you need to file a claim with the lender or independent insurance agent that mis sold the PPI or mis represented it in some way, but keep in mind that 60% of the time (or more!) lenders are denying mis sold PPI claims. After all, the reason they sold it in the first place was to make extra money off that sale. How willing are they going to be to give it back just because you ask, "How do I get my payment protection money back that you took from me?"

The First Step is Proving Mis Sold PPI

One of the things you need to consider when filing a claim to get a PPI refund is that you will need to show that the lender in some way mis sold cover, mis represented it or simply chose to include it on a loan package that you weren't aware included payment protection insurance. Whilst you may now be aware of the fact that you were paying for insurance, you may not have always known that cover was included in your loan. It would have been better to ask in the beginning months, "How do I get my payment protection money back?" but you didn't even know you were paying it! As a result, that money you paid has built up and you could actually be owed thousands of pounds in mis sold PPI.

Efforts Underway to Enlighten Consumers

Since so many consumers have been asking "How do I get my payment protection money back?" many consumer advocate groups have jumped into the battle. The Citizens Advice Bureau is on the forefront and they are continuing efforts to help consumers better understand the racket that has claimed the UK lending industry as well as ways in which to claim back what is rightfully theirs.

What you might consider doing is asking the claims team at Belmont Thornton, Belmont Thornton, "How do I get my payment protection money back?" since they are in the business of helping consumers claim back what is theirs. Call the claims team or leave your contact information by filling out the brief online form. A PPI Claim Company team member would be happy to assist you in understanding what is involved in filing a claim for a PPI refund. Your initial consultation is free of charge and the claims team works on a no win no fee* basis. It is as easy as making a quick phone call and you will have the answer you are looking for.


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 16, Elysium Gate, 126 New Kings Road, London, SW6 4LZ 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