PPI
(payment protection insurance) is a totally voluntary service that banks offer
for debtors who want to have extra insurance in case they're indisposed
whenever the due date for their borrowed money arrives. However, some
unscrupulous lending institutions that provide mortgage loans, store cards, and
credit cards had the bright idea of including the PPI on their loans as
mandatory even though the borrower himself didn't ask for it, which led to overcharging.
Indeed, if you're wondering, "can I claim PPI?" then you must
know what PPI is before asking yourself if you can claim it. At any rate, these
banks were taken to court for the PPI scandal, and now many borrowers are
wondering if they themselves have been gypped.
However, it
can be quite tough proving to a court of law that you've been cheated out of
your money, especially if you have a written contract for the loan which
specifically states that you've agreed to the voluntary PPI.
The question, “can
I claim PPI?" is in everyone's minds nowadays because many people
served as debtors and this PPI scam has been happening for quite some time.
With that said, you should have enough grounds to prove that the bank has
somehow misrepresented what PPI is all about, which will led you to believe
that it's a mandatory fee even though it's not.
The question, “can
I claim PPI?" is in everyone's minds nowadays because many people
served as debtors and this PPI scam has been happening for quite some time.
With that said, you should have enough grounds to prove that the bank has
somehow misrepresented what PPI is all about, which will led you to believe
that it's a mandatory fee even though it's not.
There are
certain banks that included the PPI on loans even though their customers didn't
ask for it, while there are other organizations that overcharged PPI even to
those who decided to avail of it. In order to know the answer to, “ www.ppiclaimsadvice.org ?" you will need the help of a lawyer to uncover the truth
behind the fraud. At any rate, thousands of people already have, and they've
been compensated for their trouble with the caveat that their lawyer gets part
of the claims. The same goes for any company you've hired for the sake of PPI
reclamation; their whole commission rests on how much unnecessary PPI charges
have the banks fleeced from you.
Click here to know more about it
No comments:
Post a Comment