PPI Mis-Sold to Many, You could be 1, Reclaim your PPI, Call Free on 0800 044 5159

Added: (Sat Jan 28 2012)

Pressbox (Press Release) - If you bought PPI were you informed of the fact that it is ALWAYS OPTIONAL? Was it made clear to you that PPI is NEVER Compulsory? PPI could have been mis-sold to you if you were told it was mandatory by your Bank or Lenders as they can ONLY recommend PPI and CANNOT force you to buy it.

PPI Mis-Selling Facts:

• The BBC reported that in the financial year 2010-2011 alone nearly 105,000 PPI Complaints were taken to Financial Ombudsman Service (FOS) when most people realised that Payment Protection Insurance (PPI) and other similar products had been mis-sold to them.
• PPI is meant to help customers by covering their monthly repayments when clients meet with an accident, fall sick or get made redundant or unemployed. However because PPI was mis-sold many people were unable to make a claim on their PPI policy.
• Many High-Street Banks and Lenders have sold SINGLE-PREMIUM POLICIES, a single or lump sum amount covering the cost of insurance that was ADDED TO THE LOAN AMOUNT BORROWED. This ultimately causes the borrower to pay INTEREST on BOTH the INSURANCE PREMIUM and THE LOAN and therefore Customers can make a PPI Reclaim.
• In some cases PPI constituted the vast majority of the total outstanding on the borrowed amount.
• If you have Credit Card PPI you may end up paying a major part of your repayment towards PPI as the Credit Card PPI Calculation is done on the percentage of the total balance which means the more you owe on your Credit Card the more you may be paying for the PPI.

Do you think that you may have been MIS-SOLD a PPI? Do you need help to make a PPI reclaim? Seek an advice from a PPI Claim Company and an expert PPI Reclaim Service Provider to GET YOUR MONEY BACK.

CALL for Free on 0800 044 5159 for PPI Reclaim services.

http://www.ppireclaim4me.co.uk - visit us for more information.