The biggest banks in the UK have collectively set aside over £6 billion as a provision for paying PPI Compensation to their loyal customers! Yes, that’s right they finally agreed to pay back the money they should never have taken in the first place… but not until they were left with no other alternative.
What Does This Mean For You?
Presently, the banks are receiving a staggering 12,000 PPI complaints a day from borrowers who feel that they were mis sold PPI. Whether or not you are entitled to any PPI compensation depends on a few key factors:
- whether or not you have been sold PPI with a loan product or credit card,
- whether you were victim to the common mis-selling practices deployed by the banks.
Even if you meet these criteria, there is still no guarantee that you will be entitled to compensation. For more information on how to start your PPI compensation claim, give a call on 0845 475 0505 and speak to one of our PPI Claims Experts.
How Much PPI Compensation Can I Expect?
PPI compensation amounts vary depending on how much you have paid into your PPI policy. Some of our past clients have received as much as £16,000 in compensation, so it is certainly worth investigating whether or not you have been mis sold PPI cover with any loans, mortgages or credit cards you’ve taken out in the last 10 years.
Hidden Payments are exactly that!
You could be paying out thousands of pounds each year for a useless PPI policy without realising. Check your paperwork and statements now and claim back what is rightfully yours today! We do the hard work for you and we can get started right now. Our expertise and experience in the field of PPI claims makes us the number one choice when it comes to processing a claim successfully.
Do I Have To Use A Claims Management Company?
There is no requirement for borrowers to use a PPI Claims Companies in navigating the PPI complaints process, and consumers are free to pursue their lenders in respect of any ppi reclaim they feel they are due as a result of PPI mis-selling. PPI Claims Companies like UK PPI Claims are used for their expertise in reclaiming PPI, and their experience of helping other consumers win just compensation from their lenders, and their use is entirely optional.
At UK PPI Claims, we go one step further to guarantee our customers no up-front fees or payments. If we win, we take a flat fee of 25% + VAT in commission, meaning we only get paid if you get paid.
Let UK PPI Claims fight your corner. Get in touch today for more information on starting your claim.