financial solutions

How to reclaim PPI

0 comments on this article Posted by admin in financial solutions on April 18th, 2011 , tagged with , , , , .

Reclaiming PPI is easy!

If you are sure that you have been mis-sold PPI claiming back the premiums plus any interest owed is relatively simple, although it can be a long winded process full of twoing and throwing between banks and possible the financial ombudsmen service if the bank challenge the claim(s) that you are making.

If you think you have been mis-sold PPI and are eligible to reclaim compensation then give one of our sales team a call to discuss how we can move forward with your claim. Our sales team are proffesionals and have been dealing with cases like yours for years, feel free to drop us a quesiton or two and let us research your accounts to see if you have a valid case for mis-sold PPI, if so your claim could be worth £2000-£3000 with the average customer being able to reclaim £3000 in compensation and have just under 3 claims per person.

What should I do?

Your first step to reclaim PPI is to get in touch with us and discover if you have been mis-sold and if your eligible to reclaim around £3000. Give our sales team a call and they will guide you through a small questionnaire that will enable us to understand your claim fully, then if we are both happy to proceed with your claim we will send you one of our PPI reclaim packs which you can fill in and post back free of charge. This pack will enable us to act on your behalf and chase the lender who mis-sold PPI to you.

Are You Struggling With Debts?

0 comments on this article Posted by admin in financial solutions on April 18th, 2011 , tagged with , , , .

Debt Problems?

Struggling with debts? It is an impossible place to be, very hard to recover and potentially a downward spiral to bankrupcy which comes with many personal problems that will make it extremely hard for you to get back on your feet. Being in debt is often caused by people slowly increasing the amount they spend until they are permenantly living in overdrafts and or credit card balances. If you are living every month with clearing your credit card the chances are that at some point this will come back to haunt you and cause serious financial difficulties.

We could help reduce your debts significantly

If you are in significant levels of debt, you have more than £5000 worth of debts and more than 2 creditors we could help you in a number of ways. The first options are Debt management plans and IVA’s which combined with careful management can reduce your monthly payments to creditors significantly. A debt management plan is usually the best option for those who have a small disposable income, once on a debt plan we can also help reduce your total debt by reclaiming any mis-sold PPI that may be attached to the loans and credit cards that are causing you to be in this debt in the first place.

What is PPI?

PPI or Payment Protection Insurance is essentially a form of insurance that covers the loan or credit card that it is bought to cover, PPI has been a very controversial product over the last 6-10 years and because of the unscrupulous methods used to sell the product it is now possible to reclaim all premiums plus interest if you were mis-sold.

Was I mis-sold PPI?

PPI was mis-sold to youo if you can match ANY of the following criteria:

  • The bank or lender who sold you the PPI policy failed to tell you that PPI was optional
  • At the point in which the policy was taken out your were unemployed, self employed or retired
  • The bank  or lender added PPI to your account without your consent or knowledge
  • The bank or lender did not inform you of the policy exclusions like back related issues and stress
  • You suffered from an illness, sickness or difficulty that could stop you from being able to work