How to Claim Loan Insurance Back
Altogether too many UK consumers are still questioning how to claim loan insurance back. Although the problem with mis-sold PPI has been in the forefront for at least six years now it does not appear that payment protection claims have slowed down to any great extent. As a matter of fact they are more numerous than it had been previously anticipated and as a result lenders are geared up to review record numbers of PPI claims in the year 2011. Indeed, more and more consumers are asking how to claim loan protection back.
CAB Efforts On Behalf Of Consumers
As early as 2005 the Citizens Advice Bureau, CAB, was advocating greater controls over the lending industry in regards to payment protection insurance and the misselling of this cover. What began as less than 1000 complaints being registered in the year 2005 told greater than 50,000 by the year 2010. In fact, 2010 saw three times the claims from 2009 but the staggering figure is that 2010 saw more than five times the number of claims from the previous year. These statistics have been recently released and what's even more frightening is that 2011 purports to be a record-setting year as well. CAB is advocating that consumers understand how to claim loan insurance back so that they can get a refund on what they paid into mis sold loan protection.
Filing Mis Sold PPI Claims
When trying to determine how to claim loan protection back in order to get the largest possible return whilst freeing ourselves of undue stress, many consumers feel that it is best to file mis sold PPI through a claims management company such as Belmont Thornton. It is true that a professional claims team can take a lot of pressure of you and can explain how to claim loan insurance back so that you understand each step of the process, but it is also true that you cannot choose just any third party company to act on your behalf. When you are trying to claim back payment protection, you are obviously trying to get back at least what you paid into the cover. Take care to chose a company that is licensed to do business in the UK as well as being registered and/or certified by the proper authorities.
Belmont Thornton, Belmont Thornton is registered with the Ministry of Justice and is certified by the Office of Fair Trading, holding a Consumer Credit Licence. As well, we are registered with the Information Commissioner's Office which is vitally important in this day of digital transmission of information. Our knowledgeable claims teams have successfully filed thousands of loan insurance claims and are best equipped to explain how to claim loan insurance back in order to get the quickest and best response from lenders. To speak with a claims team member and to get on the fast track to filing your claim, call 0207 471 2000 today. Remember, there very well may be a time limit on filing your claim so don't delay.
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