If you have been mis-sold PPI by Loans.co.uk in the past, you may be able to claim the money you’re owed plus interest. It is not necessary for us to have any of your original documents or your policy number if you wish to make a claim. We work on a contingency basis, which means that we will not get paid unless your case is successful. We can help you claim back much more compared to any other claims management service provider out there. Just for your information, in the past, we have claimed back amounts in the region of 30 years.
Many credit card companies, banks and lenders have mis-sold PPI through the years, and this includes Loans.co.uk. Many consumers thought that signing up for PPI was required if they wanted to be approved for a card or loan. Many other people were also sold inappropriate PPI policies in which they would never be able to lodge a claim, and many others were not even aware that they had purchased a policy.
If you have recently had a loan or a credit arrangement which included PPI over the past 30 years, or you have realised that a PPI policy has been mis-sold to you in the last 3 years, you can claim a refund of your PPI payments, plus interest, even if you do not have the credit card any longer.
It is important to understand that PPI began as an insurance policy, so that people with credit cards, loans or mortgages had a layer of protection if they could not go into work due to illness, unemployment or an accident.
Common Reasons Loans.co.uk mis-sold PPI
. People who think that they cannot take a loan or credit card without obtaining a PPI policy.
. Thinking that PPI is compulsory and not optional.
. PPI sold to employed and self-employed people.
. The complete term of the loan is not covered by the PPI policy.
. PPI policies have been included with the loan or credit card without the knowledge of the consumer.
. Consumers who have PPi but cannot claim it due to pre-existing medical conditions.
. Failing to explain the important aspects of the policy to the consumer such as limitations, cooling-off period and exclusions.
. Failing to explain the cost of the policy separately to the loan quotation.
Do I Pay For PPI?
PPI products are given various names which are different, and most of these names include the words, ‘protection’, ‘cover’, and ‘insurance’. No matter what it is called, your monthly statement from your department store, credit card statement or loan agreement should plainly show that you are paying for the cover for PPI.
You will be able to receive help in generating a claim for compensation from Loans.co.uk no matter what this PPI is called if you were mis-sold the PPI in the first place. Get the claims process started by completing the form located on this page.
Compensation For PPI Claims That Were Mis-Sold On UK Policies
Have you been mis-sold a policy? This website is all about explaining the way you could reclaim PPI (Payment Protection Insurance) Premiums.
Are you eligible for filing a claim? There two primary eligibility factors for entitlement to reclaiming PPI premiums. First, you may be eligible if you have taken out a credit card or a store card, loan or mortgage over the past thirty years. You may also be eligible if you are aware of the scandal involving PPI mis-selling involving older PPI policies over the past three years.
It doesn’t matter that you might no longer have the loan or the credit or store card, you still can maintain a case to lodge a PPI claim for compensation and the original paperwork is not needed either.
Through our professional and friendly services, we will help you with the claim process. Get in touch with us now by filling out the “PPI claims form” featured on this page.
What This Means To You
Mis-sold PPI policies have become a major issue throughout the UK. Estimates state that approximately 20 million individuals may be eligible for compensation claims – you may be one of these people.
We offer a 100% no-win, no-fee policy. What this means is that if your claim is unsuccessful, it will cost you absolutely nothing to use our services.
At the same time, there are no hidden fees or charges.
Once you have filed a claim through us, our dedicated and professional claims agents will eagerly help you. For the entire duration of the claims process, our company will answer any claims you have and make sure to update you about your case on a regular basis.
We believe that our services are different compared to others because we aim at offering the best possible compensation package. You can trust us to do the job for you.