How to Claim PPI Back Yourself
If you are trying to discover how to claim PPI back yourself then perhaps you need to start by understanding exactly what mis sold PPI is all about. Within the past decade, it has come to the attention of the Citizens Advice Bureau as well as to government authorities that lenders have been selling loan protection policies that consumers didn't want, couldn't use, couldn't afford and quite often didn't even know they were buying! Whilst this is in itself an unethical practice, the worst part about the PPI racket is that lenders have been more worried about making a profit than they were providing beneficial financial products to their customers.
Recently, the BBC aired a segment on Panorama that explored how lenders are still mis selling PPI, even after all the controversy that had been so widely publicized. Panorama sent two reporters in undercover and the result was shocking. Lenders are still using misleading and high powered sales tactics to sell PPI to consumers who just didn't want the product. This is why so many consumers are asking how to claim PPI back and just how to go about getting a PPI refund.
The problem with trying to figure out how to claim PPI back yourself is in the fact that some of these huge high street lenders also have a huge team of solicitors on their payroll. Yes, the government has ruled that lenders need to review PPI claims timely and issue PPI refunds as needed. Do you really think they are doing this? The producers of Panorama didn't explore how lenders are reviewing claims but if the lenders' actions are indicative of the way in which claims are reviewed, it is highly doubtful they are giving those claims due consideration. No wonder there are so many thousands of UK consumers asking how to claim PPI back.
If you are intent on learning how to claim PPI back yourself, it is imperative that you be prepared to do battle with your lender. Not only will you need to understand how you were mis sold PPI but you will also need to calculate how much of a refund is due back to you. Also, you will need to know what recourse you have in the event that your claim is denied by the lender, and as they are denying as many as 60% of the claims they review, there is a good possibility your claim will be denied as well.
The claims team at Belmont Thornton is prepared to do battle for you on a no win no fee basis.* Simply call 0207 471 2000 to speak with a member of the team to see what can be done to help you understand how to claim PPI back in the least stressful way possible. It's only a quick phone call but it can save you a stressful encounter with a lender who has already proven to be less than trustworthy. Call today and your claim pack could be on its way to you tomorrow. That is the easiest way to go.
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