Payment Protection Advice Centre
Anyone who has had a loan within the past six to ten years may have been sold a
payment protection insurance policy, and sometimes they might not even realise
it! There are thought to be around 20 million payment protection policies in the
UK and it is feared many of these may have been mis-sold. An investigation by
the Financial Services Authority revealed significant problems with the way the
cover was sold and, as a result, thousands of people have now made a claim. If
you believe you may have been mis-sold a policy then you may find a payment
protection advice centre useful.
Banks Refusing PPI Refunds
Many customers making PPI claims have complained that their bank
has rejected their claim unjustly. The good news is that if your lender does
reject your claim you have the right to esculate your complaint to the Financial
Ombudsman Service for review. The Financial Ombudsman Service is an inpartial
government-appointed body who will review your claim and make a decision as to
whether or not they believe your policy was mis-sold.
Payment protection advice centre
Before embarking upon your claim, it is a good idea to learn as much as you can
about the PPI process and the role of the Ombudsman. Reclaiming PPI can
sometimes be a lengthy process so it is a good idea to know how the process
works and what to expect.
Choosing a Payment Protection Advice Centre
There is plenty of advice available on the internet with information on the
different forms of mis-selling, the Ombudsman Service as well as claims
calculators that can help you determine what your PPI refund
may be!
If you would like help making your PPI claim or you would just like more
information call 0207 471 2000
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