Have you been mis-sold Payment Protection Insurance (PPI) with a loan? Has a financial institution disappointed you? Lots of people have successfully lodged PPI claims against their bank or building society and you also could become one of these people.
PPI is an insurance policy attached to personal loans as well as other financial products (including credit cards, store cards, mortgages and hire purchase agreements) that insures the policyholder if they cannot work due to accident, sickness and unemployment. PPI is contentious though, since it has often been mis-sold.
Many lenders were fined for failing to sell the products correctly and, as a result a lot of people have made a PPI compensation claim. If you acquired a loan in the last 15 years there is a good chance you may have paid PPI premiums in your monthly repayments.
Many people do not realise that their loans contain PPI payments and that this was only an optional extra. You didn’t need to include it but a lot of people were completely oblivious that it was an extra and never a condition attached to the personal loan or credit card. Many customers were typically not even told about it, the dealer acquire commission and then your funds might be discreetly taken away from you without you being any the wiser. Those that attempt to claim under this kind of insurance policy will often be turned away as a result of confusing small print. PPI prices may be very excessive and charges may also carry high interest fees when loan providers add insurance charges to the overall personal loan total.
We will attempt to get you back money which is yours rightfully and we can handle the PPI claims without you being required to do anything once we have the necessary details. It can be worth thousands, and remember you can claim back PPI even if you have already settled the loan. We offer a no win no fee service which means that if we handle your case and your PPI claim is unsuccessful it won’t cost you anything.
For further advice on mis-sold Santander PPI claims or any other bank or financial institutions visit PPI Claims Online