If you have been mis-sold PPI by GMAC Residential Funding in the past, you may be able to claim the money you’re owed plus interest. In fact, we don’t require original paperwork or even the policy number to help you claim back the money. By working with us, you have nothing to lose, because we work on a ‘no win no fee’ basis. In the past, we have filed claims going back 30 years, which is further than many other claims management companies are willing to do.
Payment Protection Insurance (PPI) has been mis-sold by loan companies, credit card organisations and lenders for many years, many consumers believed that in order to get approved for the loan or credit, they needed to sign up for the PPI plan. Some consumers found that the PPI policies they purchased were unsuitable, making it impossible for them to file a claim and others were unaware that PPI was included in their loan premiums.
If you have had a GMAC Residential Funding loan or credit agreement with PPI included in it within the last 30 years, or you have realised that you had a mis-sold PPI policy within the past 3 years, you are able to claim back your PPI premiums with the interest, whether you still have the credit card or not.
PPI was originally created to protect people who had taken out mortgages, credit and store cards and other loans if they were unable to work due to illness, unemployment or an accident.
Common Reasons GMAC Residential Funding mis-sold PPI
Many people were under the false impression that they would not be approved for a loan or credit card unless they applied for a PPI policy. In some cases, it was hinted that it was required, even though it mostly covers unemployed or self-employed policyholders. The full term of the loan was not covered by the PPI policy. These policies were included without consumers being aware of this. Some policies were sold even though it was known that the client would not be able to file a claim due to a pre-existing medical issue. They failed to explain all of the policy details, like limitations, exclusions and the cooling-off period. They also failed to give a quote for PPI independent of the quote stated for a general loan.
Do I Pay For PPI?
It can be hard to know if you are paying for PPI, because financial institutions call this insurance by different names (including just “insurance,” protection or cover), but regardless of the title, you can find it by examining your loan or credit card statements.
It does not matter what the PPI is called, if you were mis-sold the policy, then you need to file a GMAC Residential Funding claim for compensation. Begin the filing of your complaint right away by filling out the form on this page so as to begin your claim.
Compensation For PPI Claims That Were Mis-Sold On UK Policies
The intent of this website is to explain how you can redeem PPI or Payment Protection Insurance premiums if you have ever been mis-sold a policy.
Are you eligible to file a claim? If you have arranged for any type of loan, mortgage, or have obtained a store or credit card in the past thirty years, or you have been made aware of the PPI misappropriations in the past three years, you might be entitled for compensation on your PPI premium costs.
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.
We provide professional and friendly services that can help you through the process of claiming your compensation. To get started, contact us today by filling the “PPI Claims Form” found on this page.
What This Means To You
Mis-sold Payment Protection Insurance policies are quite widespread across the United Kingdom, with recent studies showing that an estimated 20 million people could possibly have a case to claim for compensation; and you could be a part of these statistics.
We offer a 100% no-win, no-fee policy. This means that you will not have to pay us anything unless you win your claim.
There are absolutely no fees or charges that are hidden.
Once you have made your claim with us, our dedicated and professional claims agents will be more than happy to handle your case for you. Our company will be there to answer all your questions, query throughout the claim process. Also, we are willing to provide you with constant updates in regards to your claim if you wish to do so.
Our PPI Claims service is unique because we truly strive to get you the best compensation package that is available, and you can rely on us to do the hard work for you.READ MORE +