Sameer Karim
Posted:
06 Sep, 2011

Payment Protection Insurance (PPI) has been sold to millions of borrowers alongside loans, even when they were not in a situation to ever be able to claim on it.

While some customers found their PPI policies useful, a vast percentage of those with PPI policies have found to have had them wrongly sold by their banks.

Industry regulators have pressurised banks to compensate clients who had policies mis-sold to them, and the outcome of the judicial review confirmed that the responsibility fell to the banks to ensure that compensation was given to wronged consumers. The result is that the banks are now facing substantial costs in order to meet their legal responsibilities.

It is estimated that over 10 billion Payment Protection Insurance (PPI) policies have been sold and as many as 30 million policy holders have a claim for compensation.

If you think you have been mis-sold a PPI policy, not only are you entitled to claim back the full cost of the PPI, you could also write-off the outstanding loan and receive all your money back.

It is a known fact that 7 out of 10 people who could claim compensation don’t bother. Our advice is ‘don’t become one of them’, and find out how much your claim could be worth now.

Please contact us for a free initial chat on (0116) 2999199 and one of our specialist team of solicitors will be happy to talk you through the necessary steps and sign you up on our ‘no win, no fee’ system on how to claim.