No Win, No Fee Payment Protection Insurance (PPI) Solicitors
For years banks, finance companies and brokers have been charging excessive interest on loans and mortgages. They have also mis-sold hundreds of thousands of insurance policies for inflated prices that are of little or no benefit to customers.
If you've ever taken out a loan, mortgage, you may have been sold payment protection insurance (PPI) at the same time. Depending on how this was sold to you and the circumstances you were in when you were sold the policy, you might have actually been mis-sold the product and could therefore be entitled to reclaim any payments you have made. Call a No Win, No Fee Farleys Solicitor now on 01254606090 to see how much compensation you could be entitled to.
In the event that an individual who has purchased a loan or products on credit is unable to meet the regular monthly payments, whether by accident, sickness, or unemployment, the payment protection insurance (PPI) activates and meets these payments on their behalf until they are in a position to resume payments themselves.
But PPI is often mis-sold which means you might spend a lot of money on expensive insurance you are unable to claim on.
In the current economic downturn, many people are looking to their PPI policies to assist them with their mortgage or loan repayments, only to find they are insufficient or that they are excluded from claiming by many clauses in the small print.
The mis-selling of PPI on personal loans and secured loans has been so widespread, you may not even realise you have it. This insurance is often unnecessary and unsuitable. If you are one of these people you may be able to reclaim your money.
If you think you maybe affected the first thing to do is to work out whether you have been mis-sold an insurance policy.
If you think you may have been mis-sold a PPI policy on your mortgage or a personal loan in the past six years, contact a PPI expert now at Farleys Solicitors. As a law firm we are regulated by the Solicitors Regulation Authority and offer professional advice and assistance in Payment Protection Insurance matters. Call a No Win, No Fee Farleys Solicitor now on 01254606090 or contact us by e-mail.
