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PPI Settlements Scam

The payment protection claim process is finally speeding up but there are countless hundreds of thousands who still have not had their payment protection insurance (PPI) case settled.

How Did We Get Here?

With most people living life in the rat race humankind has made for himself they can be easily discerned as to how it was so easy for payment protection insurance to produce one of the most horrendous scandals in recent years. People nowadays want things now and don't want to wait for a raise at the job or take time to save money. There is a percentage of the population who live from check to check. These people are more susceptible to the pressure lenders use to get people involved with payment insurance because if the borrower is told that payment protection is necessary to receive a loan and this loan is necessary for the borrower to make more money he is then no more than a mousetrap in the corner by the hungry lender cat.

PPI Refund

A PPI refund is awarded on the basis of a payment protection insurance policy holder being mis-sold that insurance. Common ways to being mis-sold a payment protection policy are if lenders do not adequately review the applicant to ensure they met eligibility requirements and not informing the perspective client as to the terms and conditions of the payment insurance policy.

A PPI Claims Specialist and You

The PPI settlements scam has turned the United Kingdom on its head. Lenders instead of wanting to give money to policy holders and borrowers so that they may receive interest on money loaned they have to pay money to borrowers. The good news for borrowers is that there are PPI claims companies who know about PPI settlements scam and know what to do fix the situation. Most  are trained in this specific area of PPI and can give estimates as to how much financial compensation one can receive and they normally can get a claim process started in less than 24 hours. Be advised though to only employ a Ministry of Justice regulated PPI claim company.

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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.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

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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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