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Payment Protection Insurance Mis Sold

Day after day we are hearing how mis sold payment protection insurance cover has been costing consumers millions, if not billions of pounds they could ill afford to spend. It is a huge scandal that has rocked the lending industry within the past 10 years and it doesn't appear to be getting any better. As time goes on more and more lenders are being found to have mis sold payment protection insurance. Payment protection insurance mis sold damages when all is said and done total in the billions of pounds and more than 20 million PPI policies are still in existence in the UK. Consumer advocate groups such as the Citizens Advice Bureau have been doing everything in their power to raise public awareness of the issue of mis-selling.

What Can You Do If You Were Mis-Sold PPI Cover?

Anyone who has been mis-sold payment protection cover is entitled to file for a PPI refund.  Lenders must review any claim that crosses their desks when payment protection insurance mis sold policy is alleged. Each claim is to be weighed on its own merits but lenders appear to be dismissing many claims. What you can do if you were mis-sold PPI cover and are subsequently denied a refund is to appeal with the Financial Ombudsman Service, often referred to as the FOS. To begin claiming your PPI refunds call The PPI claims Company on 0207 471 2000.

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