Frequently Asked Questions
Why can I claim?
The Financial Services Authority (F.S.A.) has recently fined a number of high street banks and lenders over the mis-selling of Payment Protection Insurance (P.P.I.). This means that if you have taken out a loan which had P.P.I. included there is a good chance you could get all your money back.
I’m not sure if I had P.P.I. with my loan?
The majority of loans taken out in the last 6 years included some form of Payment Protection Insurance. Payment Protection Insurance is also known as Personal Loan Protection (P.L.P.), Mortgage Payment Protection Insurance (M.P.P.I.), Accident Sickness and Unemployment Cover (A.S.U.), Life & Accident, Sickness and Unemployment Cover (Life and A.S.U.), or Credit Card Repayment Protection (C.C.R.P.)
How much can I claim?
The amount you can claim will vary depending on your Bank / Lender but on a loan of £10,000 you may be able to claim up to £2,000. There is a possibility that you could also claim to have the Credit Agreement deemed unenforcable!
Can I make more than one claim?
Yes.... most people make several claims as they have had several Loans & Credit Cards in the last 10 years that included PPI cover.
When will I get my money?
This all depends on the complexity of your Claim. In some cases we will be able to send you a cheque within a few weeks; however other Claims can take several months.
What will I have to do?
You will need to complete the Claim Pack we send you for each Claim you want to make and return it to us. We will then pursue your Claim on your behalf. You can start your claim here.
My loan has been paid off, Can I still claim?
Yes..! Even if your loan has been paid off you can still make a claim.
Will this affect my credit rating?
Any details that were on your credit file before you commence a claim will stay on your file whether or not your claim is successful.
However if you make a claim against a company then, under ‘treating customers fairly’ rules, you should not be treated any differently to any other client. However, when making a claim against a current product we do recommend that you have alternative arrangements in place or available for this product or service should the lender (or product provider) choose to withdraw the product.
You could be able to claim back thousands of ££££'s.
Talk to Our Team Today.
Let us Help You to Put Your Finances Back On-Track...
Talk to Our Team Today.