PPI Reclaim

What is Financial Mis-Selling?
 

If you have an unsecured loan, secured loan, car finance agreement, credit or store card then it is possible you could be due £1,000’s in compensation.

The practices of selling Payment Protection Insurance also known as ASU (accident, sickness and unemployment cover) were brought into question by the Financial Services Authority a couple of years ago. Since then a large number of providers have been fined huge amounts of money for their systematic mis-selling practices. The most notable was a fine of over £1million pounds for PPI failings for HFC a subsidiary of HSBC.

The 2 main reasons for mis-selling are:

1) You are not eligible to claim on the policy due to the fact your employer provides sick pay, you are self employed or you had pre existing conditions when the policy was taken out.

2) The Premium being wrongly or unfairly included into the Credit Agreement, meaning you were led to believe the policy was compulsory, you were completely unaware of the policy or you were led to believe that taking the policy would increase their chances of being accepted for the loan.

How it works

1.1)   We work on a NO WIN NO FEE agreement.
2)   This means that if you do not win you will not have to pay us a penny.

2.3)   It is estimated that over 70% of all PPI/ASU policies have been mis-sold.

3.4)   12 of the Major banks in the UK have already received massive fines for what has been described as “Unacceptable Practices” by the FSA.

4.

5.5)   YOU HAVE ABSOLUTELY NOTHING TO LOSE!!

Criteria / Requirements

We will always work to keep our criteria as simple as possible, we have an in house verification team that will vet the claims that are received and filter out any non-qualifying clients so all we ask is that clients have one of the following:

1)   Loan still outstanding:

–            -   Loan Value Greater than £5k with a PPI/ASU policy

2.2)   Loan Paid Off:

–            -   PPI policy premium is greater than £3,000

For us to help you we need all of the following documents:

1)   The Credit Agreement - it is impossible to make any assessment without seeing a copy of the agreement.
2.2)   Our Terms of Engagement signed by the you – This is our No Win No Fee agreement with the client.
3)   Our Letter of Authority signed by you - This gives us your permission to speak to your creditors.
4)   Our Conditional Fee Agreement signed by you - This is the Solicitors NO WIN NO FEE agreement

3.

For a no obligation telephone consultation, call us FREE on 0800 622 6480