Belmont Thornton Logo
Claim Back Loan Insurance

How to Get Back Payment Protection Insurance

How to get back payment protection insurance seems to be a dilemma many people are experiencing today. This is because of all the mis sold PPI that has caused so many hardships around the UK. People have either been talked into buying these policies by a lender with great skills as a salesperson or even told that the cover would be necessary in order to get the loan. In either case, it is possible, in fact even probable, that the cover will be for absolutely nothing. This is because only about 12 to 13 % of all claims filed through PPI are ever approved. Most people are denied and it is typically because of some exclusion and/or condition they were never told about. (That is giving the lender the benefit of the doubt as in some cases cover has been grossly misrepresented!)

Who is Sold PPI?

Anyone who applies for a loan, line of credit or a bank account in the UK is subject to being sold PPI or having it pushed on them. This is why there are so many citizens in the UK seeking methods on how to get payment protection insurance payments they have made back. Mis sold payment protection insurance is more common than not and that is a very sad fact. The worst part is that most of the people who are paying big for this type of cover can barely afford to keep roofs over their heads and feed their families. The people who cannot afford the cover are the ones who are being so terribly affected by it. The government has begun to take notice and may at some point in the future mandate this PPI in such a way that it cannot be mis sold anymore but for the time being it is.

Can You Get a Refund?

If you are able to prove that you have been mis sold a PPI policy then yes, there is a good possibility you can get a refund. Of course specific steps will have to be taken. First of all the proof that the PPI was not something you chose or opted for will have to be there. If PPI was added to a loan you have, or a credit card then you were mis sold PPI. Simply being denied for a claim is not necessarily enough to qualify you for a loan. The proof has to be there that the reason you were denied was because you were not eligible for coverage in the first place. If this proof is there then you should be able to find a way on how to get back payment protection insurance premiums.

How to get back payment protection insurance money that you've been paying out is a very important consideration for someone who is not in the position to lose money. When you really think about it, not many of us are in that position in today's day and age. The best thing to do is contact us here at Belmont Thornton and let us help you get your claim filed.


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