How to Get Money Back from Loan Protection
If you have obtained a loan in the UK at anytime during the past 6 to 7 years then you were probably sold PPI whether you know it or not. Chances are you have never had to try and file a claim against it and therefore it has gone undetected for all this time. Or perhaps you have had to file a claim, were denied and are now trying to figure out how to get money back from loan protection. The first thing you need to do is prove that you were paying for a cover you either did not ask for, did not know you had or were not even qualified for. If you can prove that your PPI was missold then you could be approved for a PPI refund.
Unfortunately, thousands of people are in this exact position right now. Whilst the government has taken notice of this issue, they have not done anything to totally stop it from occurring. Of course they have fined several of the largest banks for miselling PPI that is not doing anything to help you understand how to get money back from loan protection. At this point you have probably already determined for sure that you were missold PPI and now you just want to find out more information on PPI refunds.
The reality of how to get money back from loan protection is that you should hire a competent company like Belmont Thornton to represent you in your claim filing. Hiring us is not the same as retaining a solicitor as we do not ask for any money until you have received a refund, if that is what is to happen. If you do not then we simply do not ask for a fee. It should be clear that with our no win, no fee* policy we work quite hard for you. We do not make any money if you do not get yours back. This of course is no guarantee that we will be able to get you're the refund but the reality is with us on your side when thinking about how to get money back from loan protection you may be better off for it.
How to get money back from loan protection is not a very complicated process but it can from time to time be lengthy. In rare cases the process can take several months but most of the time it only takes about 8 weeks from the filing date to get your refund if you are to have one. It is also important for people with a series of loans to check each and every one of them to see what kind of PPI refund they may be entitled to with each one. It is possible to file for multiple PPI refunds at once with more than one lender at a time as well. All of these questions and more can be answered on our website or if you would rather speak with a representative then you can always pick up and call us at the following number 0207 471 2000.
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