PPI Claims- Things to Know

1
PPI Claims
Welcome to http//www.ppiclaims.uk.com/
2
What is Mis sold PPI?

• PPI or payment protection insurance is a
  financial coverage to make payments of loans or
  credit card when borrower is unable to meet with
  financial obligation due to sickness or
  unemployment. However, banks and agents have
  preached misconception on these terms and sell
  PPI to those who were not eligible for this.
  Several people who have purchased PPI in last ten
  years are not eligible to use it on certain
  backgrounds. Such PPI are mis sold for borrowers.

3
Get compensation for missold PPI
4
How to Identify Mis Sold PPI

• You were not aware that you are paying for PPI
• You were not explained the details of PPI
• You were unemployed, self employed or retired at
  the time of purchasing payment protection
  insurance
• You have pre-existing medical conditions at the
  time of purchasing PPI
• You have borrowed loans, credit car or other
  financial product in last ten years then
  possibility of mis sold PPI

5
How to Apply for Mis sold PPI?

• If you have a wrongly sold PPI then write claim
  letter to your lender. You will get back response
  within eight weeks. If your lender makes negative
  response then you may contact to Ombudsman.
  Further, you are just required to follow the
  instructions given by them. You will surely get
  back compensation for your losses. However, if
  you find PPI claim process complex then take help
  of PPI management firm to solve the disputes
  easily.

6
PPI Claims in News
7
What to do if no documents available?

• If you do not have credit card or loan details
  then you may ask to your lender about the
  document. You can get the document under
  Consumers Credit Act just by paying 1. In case,
  you havent remember even your lenders then check
  your credit report from Experian, Equifax or Call
  credit at just making payment of 2. This way,
  you will have full details of PPI and loans. Use
  these documents to file mis sold PPI claims.

8
How long it takes to settle PPI claims?

• Once you send PPI claim letter to your lender
  then you will get back compensation letter within
  eight weeks. However, if bank refuses to pay the
  amount or doesnt make any response then you
  should write to FOS. Ombudsman will surely help
  to settle the dispute but it may take more than
  12 months in some cases. You should keep patience
  throughout the process. You must have all
  documents for fast approval of compensation. You
  will win the compensation at the end of the
  process.

9
Thank You !!!

• For more info Please visit
• http//www.ppiclaims.uk.com/