Are you Eligible to Reclaim Payments on mis sold loan insurance?

July 28, 2010 by admin  
Filed under Uncategorized

Title – Are you Eligible to Reclaim Payments on mis sold loan insurance?

PPI Return, one of the UK’s leading companies working to reclaim mis sold loan insurance is pleased to announce the launch of their website.

PPI Return work to help clients reclaim payments made as part of a loan insurance that were either mis-sold or were completely unaware of when taking out loans.

The mis sold loan insurance in the UK has received significant press coverage, yet there are still many thousands of financial consumers in the UK that are unaware that they can make a claim.

PPI Return’s website offers visitors a simple ‘60 Second Test’ where they can quickly determine if they are eligible to make a claim against the banks and financial service providers that made the original loans and provided the missold ppi insurance.

The website is a thorough source of information on mis sold loan insurance (also known as Accident, Sickness and Unemployment insurance or PPI). Visitors to the website can also talk to a team of specialist advisors through Web Chat who can provide information on mis sold loan insurance claims

Several high street banks in the UK have already have had significant fines imposed for mismanaged or mis sold loan insurance including Liverpool Victoria Banking Services, HFC Bank, Alliance & Leicester, GE Capital Bank, Loans.co.uk and Capital One Bank to name a few.

Can you make a claim for mis sold loan insurance?

One of the most common misunderstandings is that one cannot make a claim against a fully paid up loan. If your loan has been repaid you may still eligible to make a claim if you were mis sold loan insurance.

Despite widespread press coverage many do no know that they can claim back payments for mis sold loan insurance. This is where PPI Return work hardest to educate financial consumers and to champion recouping payments made as part of mis sold loan insurance.

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