Reclaiming Protection Insurance
Protection insurance has been on everyone's tongue lately because it has been plastered all over the news, no matter which media you subscribe to. Television, radio, newspapers and the internet have been broadening our awareness of just how huge the PPI (payment protection insurance) scam truly is amongst lenders in the UK. In fact, it is so widespread that there probably isn't a lender who hasn't mis sold PPI, and if there is it would be nothing short of a miracle. Because there are so many consumers who have been directly affected by this scam, reclaiming protection insurance has become a key issue in many people's lives.
How Do I Know If I Have Been Affected by Mis Sold PPI?
Because we know that most UK borrowers have been exposed to the PPI scam, it is quite likely that you have indeed been affected in some way, shape or form by payment protection insurance. Perhaps you have been mis sold a policy, your wife/husband has been mis sold PPI cover or even your children or your own parents have fallen victim to PPI without even knowing it! The one crystal clear indicator that you are paying for a cover that you neither wanted nor were aware of is to take a good look at what you are paying in those monthly instalments. Whilst many people first become aware of the fact that they have been paying too much, many others simply think interest rates have gone sky high. Reclaiming protection insurance is all about getting your money back, money they shouldn't have been taking from you!
Professional Assistance in Reclaiming Protection Insurance
Keep in mind that solicitors are not the only ones who can help you go about reclaiming protection insurance. In fact, in most cases you would be spending too much money to hire one in the first place! Claims management companies that are duly licensed to handle mis sold payment protection claims are also available to help you fight those lenders for your money at a whole lot less the cost than solicitors. Actually, reclaiming protection insurance through a claims specialist can be managed without spending a single copper. Most reputable claims management companies will work on a no win no fee basis and will only take claims that are valid. So many companies out there might offer to take your claim, ask a sizeable upfront fee and then tell you on down the road that there was no reclaiming payment protection because either they lost your claim or there was none to begin with. Don't throw good money after bad; check their credentials first!
Yes, reclaiming payment protection has become a huge concern in the UK, but one that is easily remedied with the assistance of a professional claims management team like The PPI Claim Company. Registered with the Ministry of Justice, the Information Commissioner's Office and holding a Credit Consumer License by the Office of Fair Trading, you know that you will be in safe hands.
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