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Money Back from PPI

It is said that as many as six thousand new employees will be brought in by banks to help with the massive influx of claims for money back from PPI. This is because requests of this type have been literally bombarding lenders all over the UK. This of course is a direct response to rulings from the court for many lenders to reimburse consumers for several million mis sol payment protection policies over the past 10 years or so. Without increasing the workforce there is just no way the amount of claims requesting money back from PPI could possibly be processed. This in itself is only one sign that the PPI racket has grown to epic proportions as of late. PPI claim has almost become a household term for the people of the UK.

Panic at the Idea of Having Mis Sold PPI

Anyone who has been following the numerous stories in the media is no doubt wondering to themselves if they have also been mis sold PPI. After all, this seems to be a natural reaction to such a high profile situation. Know that if you've taken out any kind of loan or line of credit over the past 5 or 10 years you've more than likely been sold a payment protection insurance policy. Now, has this cover been mis sold? That is a totally different question altogether. If you do not know that you have PPI and find that you've been paying for it then it is a safe guess to say that PPI was mis sold. This simply on the grounds that you did not know you had it! If you do know that you have it then what you may be wondering is whether or not you fall into the group of UK citizens who do not actually qualify for it. You are smart to wonder. Only about 13 % of everyone who pays into PPI can actually claim repayment benefits. If you are lucky and fall into that 13% then excellent! However, if you do not then you may think about filing a claim for money back for PPI.

Where to Start Claiming Money Back for PPI

As always the media, whilst they may have the best of intentions, is only reporting what the situation is and perhaps what the government may be doing to mandate the issue. They are not however reporting what a person who has been mis sold PPI should do. This is leading a lot of people directly into the mouth of the lion so to speak. That is many people are contacting lenders directly which may be the worst idea since the guillotine. No self respecting lender is simply going to roll over and admit that they had any part in any wrong doing. This is especially true when to do so would cost them money! No, they are going to hold fast to their money and you, as an independent party are not going to get one pound of it.

This is where hiring a professional PPI Claim Company will come in handy. Belmont Thornton, the premier PPI claims management firm in the UK, has all the expertise necessary to help you get money back for PPI you never should have paid.

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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 B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

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