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Claim Back Loan Insurance

Loan Insurance Back

Claiming loan insurance back is not the simplest thing in the world to do but it is possible. This is especially true if you can prove that the loan protection insurance was mis sold to you. Unfortunately, this has been happening altogether too often to people in the UK recently and for this reason PPI claims are up quite a bit. It seems as though almost everyone who has been sold payment or loan protection insurance in the past several years is trying to get loan insurance back as a result. The most common way in which borrowers find out that their PPI was mis sold is through a denial of a claim they submit for benefits. Once this happens they usually file a PPI claim.

Appeal Denied Claims

If that claim is denied then the next step is to go into the appeals process and try to reclaim PPI. There are millions of people filing these claims currently and in the coming years the number is only expected to rise. People are becoming wiser to what is happening with the PPI racket and as a result are filing for loan insurance back. Most of the time mis sold PPI is something that winds up coming out eventually. Some people pay into it for several years before they ever have to make a claim. Imagine all the people who pay into it without ever having to make a claim. They lose thousands of pounds without ever being the wiser.

Media Bringing Mis Sold PPI Out of Hiding

Today media coverage is allowing people to learn more about PPI and it is forcing them to take a look at their loans and see if they are also paying for PPI. The saddest part of the situation is that a very large percentage of people who have PPI do not even know it. This means they were sold the PPI insurance with no knowledge of it or it was just automatically attached to their loan. This is a major problem and one that should be solved. However, the government is still out on what to do about it. It seems it would be the best thing if a regulation was mandated regarding PPI but as of right now it is still being sold with loans and lines of credit. Fortunately, people are also getting refunds and loan insurance back.

Once you realise you need to get loan insurance back because you have been mis sold PPI, then the first thing you should do is contact a company like Belmont Thornton, Belmont Thornton and request their assistance in filing to get loan insurance back. We have been filing PPI reclaims and getting people refunds all over the UK. Whilst we never tell anyone that they will get a refund as a guarantee, we do everything in our power to see that it happens. We also strive to get the refund process finished as quickly as possible and only work on a no win no fee* contingency which is one of the aspects of our service customers like best.

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Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B16, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN 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.

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* 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.

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