Mis-Sold Payment Protection Cover

Mis-Sold Payment Protection Insurance

 

 

 

 

 

 

 

 

 

Mis-Sold Payment Protection Cover

Reclaim Mis-Sold Payment Protection Cover: Compensation For Your Wrongly Sold Policy

 

 

Welcome to our web page specialising in mis-sold payment protection cover compensation claims. There are possibly few worse feelings than realising we've been tricked into buying a useless extra that we didn't actually need in the first place. Unfortunately this is the reality these days, and all the time lots of folk are misled into taking out insurance cover that fall into the category of scams.

We are claims lawyers and we specialise in mis-sold payment protection cover compensation and have many years experience in helping our clients claim back the money paid out over several months or years on insurance policies that weren't worth anything. In addition to the money paid we also recover considerable compensation for the time wasted and the trouble you have gone to. We work on a no-win no-fee basis so you have nothing to lose.

All our partners are experts at what they do and specialise in all of the areas of mis-sold payment protection cover leaving you in safe hands all the time.

For a free informal chat to discuss your mis-sold payment protection cover just fill in the details below and we'll get back to you at the time you prefer.

 

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How To Claim Back Mis-Sold Payment Protection Cover

 

The Financial Ombudsman Service (FOS) has recently complained to the industry regulator that it thinks lenders are intentionally trying to block the ombudsman procedure. It thinks that some lenders have been guilty of rejecting all consumer attempts to reclaim their loss, and in 2009 89 percent of cases of consumers' mis-sold payment protection cover seen by the FOS were found in the consumer's favour.

The financial watchdog has been fining PPI companies all over the place for not treating customers equitably, plus the Competition Commission has investigated this market sector and made a number of requests on lenders, including prohibiting sales within a week of selling a visa credit card or loans and totally prohibiting single premium plans.

Lots of ordinary folk take out unnecessary insurance cover as a consequence of their mis-sold payment protection cover which has been sold to them by devious salesmen and is merely insurance that they don't need because the product or service they bought has its own cover or they are covered by existing consumer laws or legal precedent. Another outcome is that it would be impossible to achieve the scale of loss which are described in the insurance cover.

There isn't anything the matter with Payment Protection Insurance for people who need to have it. Of course there is a place for your mis-sold payment protection cover. Its job is to provide cover for loan or card payments in the event of accident, period of sickness or time out of work. This is specially useful in the present economic situation. But if you got a Payment Protection policy from your lender, it is more than likely that you're paying very much much more than you should, so you really should first check if you can get the same deal somewhere else for less.

 

 

 

 

 

 

 


 

 

 

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