Canary Claims » Uncategorized http://www.canaryclaims.co.uk Financial Claims Specialists Fri, 12 Jul 2013 10:07:35 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.1 Have you heard of payment protection insurance? http://www.canaryclaims.co.uk/uncategorized/have-you-heard-of-payment-protection-insurance/ http://www.canaryclaims.co.uk/uncategorized/have-you-heard-of-payment-protection-insurance/#comments Sun, 14 Oct 2012 14:57:22 +0000 Canary Claims http://www.canaryclaims.co.uk/?p=637 PPI InsurancePayment protection insurance is otherwise known as PPI. This kind of insurance is usually offered to you if you have ever had or looked into having some sort of credit agreement such as a loan, credit or store card or [...]]]> PPI InsurancePayment protection insurance is otherwise known as PPI. This kind of insurance is usually offered to you if you have ever had or looked into having some sort of credit agreement such as a loan, credit or store card or mortgage to protect your repayments.

Why do your repayments need protecting? Well in fact there is a very slim chance they do but should you ever become seriously poorly, unemployed or be involved in an accident then that’s what PPI will be there for. But although sounding the most secure thing to do people do not actually realise that there is little chance you will need it and if you ever did then it has been known to be extremely difficult to do so. With this in mind you will have been paying a lot of money out just in PPI on something you will more than likely never need.

But the good news for you is that you can now claim all your payment protection back plus interest after the banks and lenders have lost a court case regarding mis sold PPI and there are many reasons you can make a claim against mis sold PPI and not just that you have never needed it such as you may never have known you have had PPI and have realised that it has automatically been added to your credit agreement or you may have felt that when the time came to apply for a loan, you didn’t really understand the ins and outs of PPI and you feel that they weren’t explained to you properly. Also you may have felt that you were pressurised or you didn’t realise that PPI was not compulsory.

 

All of these are examples of mis sold PPI and now you can claim it all back whether you are still making repayments to a current credit loan or you have paid your agreement off in full over the last ten years. You can also claim on more than one credit agreement should you have a few so take a look on all the policies you may have had over the last ten years as you could be due quite a sum of money.

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What is PPI? http://www.canaryclaims.co.uk/uncategorized/what-is-ppi/ http://www.canaryclaims.co.uk/uncategorized/what-is-ppi/#comments Sun, 23 Sep 2012 14:57:45 +0000 Canary Claims http://www.canaryclaims.co.uk/?p=605 What is PPIA huge percentage of us over the UK have either been an owner of a credit card or mortgage or taken out a loan or store card. If you are one of these people who have had any type of [...]]]> What is PPIA huge percentage of us over the UK have either been an owner of a credit card or mortgage or taken out a loan or store card. If you are one of these people who have had any type of credit offered to you by specific banks or lenders over the last ten years then you have more than likely been offered or sold payment protection insurance or what you have probably recently heard PPI, which is the same thing but abbreviated.

 So what exactly is PPI?

Banks and lenders have recently lost a huge case against mis selling the PPI because although it sounds rather secure to have insurance on your credit policy. Have you actually used it? Have you actually become unwell enough to be unable to make repayments or had an accident or become unemployed? In fact its very slim that you ever will do especially in the space of time you will or have owned a credit card or had a loan and in the chance that you were unfortunate to become unwell or unemployed it has come to the financial services attention that it is very hard to make a claim on the insurance and this amongst other factor is a prime example how PPI has been mis sold to customers and now you can join the thousands of people who have reclaimed billions of pounds by the banks and original lenders.

 

Now you may find you have had a credit policy and taken out the PPI. So you will have paid or been paying a lot of money to something that isn’t beneficial to you at all. You may have agreed to PPI at the time, but thinking back could it have been mis sold to you? Ok so you haven’t used or needed the insurance, that’s certainly one factor but remember when you discussed PPI? Did you feel pressured at all? Was PPI discussed in full including the process of ever needing to make a claim on the insurance? Did you know PPI wasn’t compulsory? Or has the protection been added to your credit agreement without you even knowing?

 

If any of these sound familiar then there isn’t a better time than any to start a case against being a victim of PPI mis selling. You could be owed thousands of pounds. Imagine how nice that spare money would be.

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