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Reclaim Your PPI Premiums

Everyone in the UK must be familiar with the mis selling of payment protection insurance by now which was supposed to provide cover on financial instruments such as loans, credit cards, and store cards. This insurance was intended to pay the monthly repayment on behalf of the borrowers who may become unemployed. However, the vast majority of policyholders of payment protection insurance were not able to use their PPI policies. This was due largely to the fact that greedy lenders who wanted to make additional money for interest on payment protection insurance above and beyond the already agreed-upon money for the loan.

How Lenders Mis Sold PPI

They took a payment protection policy which was intended for the benefit of the borrower and used it against them. Many times lenders would tell a borrower that in order to receive the loan you must sign up for protection. This is untrue as a loan application is completely independent of payment protection and vice versa. Lenders use the leverage they have in approving a borrower for loans in order to pressure them into making bad decisions thereby increasing the number of payment protection claims made yearly.

What is a payment protection claim?

A payment protection claim is when you file a claim against the lenders who sold you payment protection insurance for mis-selling the PPI policy. The way in which you qualify for a payment protection claim is to prove you have been mis-sold payment protection insurance. If you can prove you have been mis-sold you can reclaim your PPI premiums and any other fees associated with PPI. Common ways lenders mis-sold PPI include:

  • Lenders not advising borrowers that payment protection insurance is optional.
  • Lenders not asking questions to borrowers in regards to health.
  • Borrowers not being explained the requirements for eligibility.
  • Borrowers not being informed of the prices in regards to payment protection insurance.
  • Lenders pressuring borrowers into getting payment protection insurance by telling them it would increase their chances of getting a loan.

If these above mentioned ways in which payment protection was mis-sold seem familiar to your situation on a path to reclaim your PPI premiums you should file a payment protection claim.

Payment Protection Claim Help

If while on your path to reclaim PPI premiums you get confused in regards to what needs to happen next to ensure you get our money refunded, there are PPI claims companies that can help. These companies can help you reclaim your PPI premiums, give feedback associated with PPI, and help to face the financial situation you're going through. In order for the PPI claims companies to help you reclaim your PPI premiums you must have the original loan documents and any other supporting information which might be necessary. With this information you can get started on your claim and as short a time as 24 hours. The claims team will also be able to give you an estimate as to how much financial compensation you could be looking forward to. Many times the PPI claims company can get a borrower a refund in as little as eight weeks.


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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 www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B16, 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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