Loan Protection Reimbursement
What is loan protection reimbursement and what does it mean to you? Well, if you are one of the millions of people living in the UK who have been mis sold PPI then it means you may be able to recover some of the money you have paid out. PPI refunds on mis sold policies are becoming quite ordinary as a result of people becoming aware that they are not eligible for the cover they have been paying for, sometimes for years and years.
You Can't Fix It But You Can Ask For Your Money Back!
Loan protection reimbursement is what you should be due if you have been misled in some way that costs you money. Just as you would return merchandise that you purchased and found later not to function or work as it was supposed to, you should asked for a PPI refund on a policy that did not work the way you were told it would. It seems only fair after all.
Lenders Selling PPI to Those Who Don't Qualify
It is really sad that in a society that already has people jumping trough hoops just to make ends meet that this racket should be costing them even more than necessary. However, the cold hard truth is that this is exactly what is happening. Lenders are misrepresenting PPI and their borrowers by selling them cover that is not even right for them. This seems to be the case more often than not. This means that perhaps the borrower had some set of circumstances which would render him/her unfit for cover at the time the policy was purchased but was never told. This is a classic case of mis sold PPI.
Filing Claims for Loan Reimbursement
Most of the time people will ask for loan protection reimbursement after filing a claim for PPI to kick in and take the loan payments for a while and being denied. In other cases people who have heard in the media that there is an issue with PPI and the mis selling of such start investigating only to find that they too have become victims. There are a number of reasons that people file for loan protection reimbursement but the above mentioned are some of the most common.
Belmont Thornton's No Win No Fee Policy
You have already paid a great deal of money for missold loan protection insurance so we would like you to know that at Belmont Thornton you can file your claim for loan protection reimbursement with no out of pocket expenditures. We work on a no win no fee* basis which means that we wait to benefit until you do. We have been successfully filing claims for thousands of UK consumers and have built a name for ourselves as the premier claims management company in the UK.
If you are not sure whether you have been mis sold PPI then you can speak with our claims team on 0207 471 2000 to help you sort it all out. Even if you believe there may be a small possibility you can get a loan protection reimbursement it is worth looking taking a few minutes to make that call.
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