Mis-sold PPI Complaints

Recent rulings from the High Court have opened the door for millions of mortgage and loan insurance complaints, due to a product known as PPI, or Payment Protection Insurance. This is a product that has been offered and mis-sold by banks and lenders for many years, and if you have ever taken out a loan, a mortgage, or a credit card, there’s a good chance it was mis-sold to you too, and you may not even realise.

If PPI was mis-sold to you, you don’t need to let the bank get away with it. You could have been paid hundreds, even thousands of pounds for a product you didn’t need. Fortunately, the High Court has put you in a great position to reclaim what you paid for that mis-sold PPI.

With our help, your bank or lenders ill-gotten gains could be back in your pocket before you know it. Get in touch, and let us help you reclaim mis-sold PPI.

Payment Protection Insurance

Payment protection insurance was mis-sold by banks, lenders, and credit card companies alike, in a number of different ways – each more nefarious than the last.

One method of mis-selling PPI involved banks staff pressuring applicants for loans and mortgages to take the insurance, insisting that they would not allow the applicant to take the loan with the PPI – an condition that no lender is allowed to issue.

Other customers had PPI added to their loan or mortgage without even realising, cleverly disguised by lenders in order to dupe their customers into paying more than they need to.

You can learn more about the way PPI was mis-sold in our Forms of Mis-selling section.

Why was PPI Mis-sold?

PPI was mis-sold largely to earn the banks and lenders massive profits for a product that was overpriced, limited, and in many cases, completely useless. Banks knew that customers would not buy their cover if they knew the truth about it, thus they resorted to mis-selling, as opposed to offering a better product that customers would knowingly want to pay for.

If you’ve been mis-sold PPI, act today – the sooner you act, the sooner you could find yourself reclaiming hundreds or thousands of pounds back.

Start your claim with us today.