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PPI Claims Latest News

Are you suddenly out of work? Injured? Or maybe you've fallen ill and you just can't make your monthly payments on your outstanding financial obligations? That is where you would expect to be able to file payment protection insurance claims against the PPI policy you purchased to help you stay current on your monthly payments in these detrimental situations. More often than not, consumers are finding that this is just not the case.

Mis Sold PPI Reaches Epidemic Proportions

Maybe you remember taking out the PPI policy when you opened your account, or maybe you don't even remember being offered the coverage but you have been paying for it all along and it's time to file a claim. Well, in the PPI claims latest news, many consumers are finding that when they are trying to make a payment protection insurance claim, they in fact don't even qualify for the coverage they've been paying for. They are finding there is a multitude of exclusions for these policies that they often were not made aware of up front. PPI claims latest news shows this has caused a major outrage amongst consumers who have tried to claim against these policies unsuccessfully, only to find themselves in financial trouble which is what the policy was intended to keep them from being subjected to. It has reached epidemic proportions across the UK over the last several years.

Consumers Not Told They Have Options

In the PPI Claims latest news, statistics are also showing that most consumers were not aware that they had an option to purchase this insurance but rather that it was a requirement of being extended credit. This is absolutely not the case and if you feel you have been taken advantage of, you should immediately request a payment protection refund for the premiums. Fortunately, most of the PPI companies have claim lines that are available to help you make a claim or to guide you through obtaining a refund for the premiums you've already paid. If you have trouble obtaining payment protection refunds of the premiums, you should contact the FOS and file a complaint with them as well.

In other PPI claims news, some consumers have actually benefited from these PPI policies. While the numbers are low in comparison to the of mis-selling claims, those who qualified for the policy and made a successful PPI claim were satisfied with their results.  If you need more information you can always check the latest PPI claims news online or contact Ombudsman or the FSA for PPI claims news and updates.

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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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* 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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