Have you been mis-sold PPI?

Bankruptcy

  • 20 million PPI policies were sold on loans, credit cards and mortgages
  • The banks have put aside an estimated £18 billion, much of which is still to be claimed
  • 20 million PPI policies were sold on loans, credit cards and mortgages
  • 20 million PPI policies were sold on loans, credit cards and mortgages

IVA

  • 20 million PPI policies were sold on loans, credit cards and mortgages
  • The banks have put aside an estimated £18 billion, much of which is still to be claimed
  • 20 million PPI policies were sold on loans, credit cards and mortgages
  • 20 million PPI policies were sold on loans, credit cards and mortgages

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Various schemes announced by Finace Moz

Assistance for those who cannot make debt payments is declared by the Government. The Department of Constitutional Affairs of the U.K. Government has presented a paper in 2004 to endeavor to deal with the issues of debt. It has been declared by the law to pay only what could be afforded per month. The debt scheme assured by the Government is very legal and there are thousands of people who opt for it every month. Now this sort of legislation will help the people in paying off their debts with a peace of mind.

You may be owed thousands of pounds in compensation. The most common reasons why PPI policies were mis-sold include:

  • If you were retired, unemployed or self-employed when the PPI was sold to you then you should claim because the PPI maybe worthless to you in these circumstances
  • If the terms and conditions of the PPI policy were not explained to you clearly. If you felt that you were pressurised in to purchasing the Payment Protection Insurance from the supplier
  • If you were told you must take out a PPI policy in order to qualify for the loan or other finance. You should also have been told that you are free to purchase PPI from any other supplier
  • If you already had a PPI policy in place but were not asked this question; you may have been covered by an existing policy
  • If you were not told that you could purchase PPI from other suppliers
  • If you were not told about the circumstances in which you cannot make a claim

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