How to Claim Back Bank Charges Free
The Financial Services Authority (FSA) and the Citizens Advice Bureau have both released reports that reveal how widespread and extensive loan insurance mis-selling in the UK really is. Perhaps even more startling is the fact that nearly 7,000,000 PPI policies are sold each year, and there are currently 20 million in existence. Accumulatively, these policies generate approximately 5.5 billion pounds in revenue for insurance companies and lenders involved in the underwriting, promotion, and sales of PPI policies. Although it may seem difficult, with the help of a PPI claims specialist you can learn how to claim back bank charges that are related to a loan protection insurance policy.
Does PPI Really Provide Protection?
The FSA published a report in 2007 which showed that more than 90% of the policies review were sold to cardholders that were either unaware of the policies terms, conditions, existence, or cost, or were deceived about coverage requirements and repayment assistance. Ultimately, payment protection insurance does not provide protection for more than 85% of policyholders, and those that do receive assistance usually have to wait 1 to 2 months, by which time credit card debt may have already begun accumulating significantly. Statistically, as a consumer it would be more beneficial to contact a PPI claims specialist to learn how to claim back bank charges, than to pursue repayment assistance through the mis-sold PPI policy.
How to Claim Back Bank Charges Free of Charge
Belmont Thornton understands that many of our clients are in financial distress and need assistance in reclaiming funds, not risking additional investments. Thus, we work on a no win no fee* basis and will therefore work diligently to ensure that you receive total compensation within two months. If you were to attempt to learn how to claim back bank charges free without professional assistance the window of time in which you can file a claim may expire, as the process will take a lot longer than filing a PPI reclaim with Belmont Thornton. By filling out our quick claim form you'll receive a free claims packet in the post that will teach you how to claim back bank charges.
How to Claim Back Bank Charges Free of Hassle
By utilizing the professional services of Belmont Thornton, Belmont Thornton, you'll not only be improving your chances of success, and filing a claim with no obligation to pay unless you are successful, you'll also be eliminating much of the stress and hassle associated with disputing a charge against your lender. By dealing with us you'll have access to experts who know how to claim back bank charges related to PPI and have done so successfully many thousands of times over. To speak with a member of our claims team to discuss your claim or just to learn more about how to claim back bank charges in general, fill out the short online contact for and a representative will be with you within just 24 hours. If your concerns are more immediate, call the claims team direct on 0207 471 2000.
blog comments powered by