Claim PPI2019-01-29T17:28:50+00:00

PPI Claims

PPI Claim Deadline Approaching:
 The final PPI Claim deadline is set for August 29th 2019 by the Financial Conduct Authority (FCA). Millions of people have already been compensated and banks have paid out almost £47bn to cover payouts but their bill is likely to exceed £50bn before the deadline this year.  There have been approximately 64 million policies sold yet only 12 million PPI claims have been made for compensation.  PPI on loans, PPI on credit cards, PPI on store cards, PPI on mortgages, even PPI on overdrafts, lenders added it everywhere. Still, many people haven’t checked as they don’t have records or can’t recall what they had prior to 2010. For this reason, the FCA has rolled out another aggressive advertising campaign with Arnold Schwarzenegger urging us to make a PPI check to see if you have anything to claim or lose the opportunity.
To find out if you are eligible, use our FREE PPI CHECK service….No Paperwork, No Problem.

Have You Paid Into One Of The 50 Million Still Unclaimed PPI Policies?

A Free PPI Check may find that you did!

Whether you remember having paid PPI or not, our Free PPI Check service will find out for you. All our work is done on a completely No Win- No Fee basis. If you did unfairly pay PPI, we get it paid back, plus 8% interest for the time they have had your money! We search all your old loans, mortgages, credit cards, store cards, and overdrafts for PPI to get you the compensation you deserve! Don’t worry if you no longer have the paperwork.
Apply online or call us to find out if you have a PPI Claim. You really have nothing to lose and potentially everything to gain!
   Just ask Mr Joseph E., who didn’t know if he paid PPI on his old EGG card. He searched and found us on Google and filled in our contact form online. We searched his records with EGG, discovered he had paid PPI in the past, and sent a detailed claim on his behalf.  Within months, we won him back a whopping £21,857 PPI refund!
Not all cases are the same and refund amounts vary, but wouldn’t it be worth at least having a look?

Not Sure if You Paid Payment Protection Insurance in the Past?

We can find out.

Don’t worry, with over 10 years experience and over 50K clients, let the Best PPI claims company make the claim process easy for you. Many of our clients didn’t know if they had ever paid PPI  until we looked into their past credit for them and won them compensation. Most PPI policies were no longer sold after 2010, so in general, you would only want to think about looking at the credit you took out prior to 2010. We will search all the previous lenders you have taken credit with over those earlier years and claim back PPI we find on your behalf, plus 8% compensatory interest! 

PPI Claims – Could I get a refund? If so how much?

Often without providing details, the banks manage to avoid having to pay back the PPI you paid. This is why we’re determined to get you the PPI refund you deserve. We will search your bank’s / financial institution’s records for all the old loans, mortgages or credit & store cards you have had in the past for PPI.

The average PPI claim refund we recover is around £2,700, but this varies. For loans, it depends on the loan size, the length of time the PPI policy was in place, and the number of top up loans you may have had with the lender. For Cards, it depends on the amount of card balance you carried over unpaid each month.

Don’t dismiss store cards. If you held a balance over a period of time, say a furniture purchase, the PPI refund can add up to serious compensation. For example, one of our clients  recently received a refund on an old Shop Direct Store Card of  £13,285 with added interest and 8% compensation!
  • The money is sent directly to you in most cases. You only pay our fee after you have received your compensation. And at only 20% plus VAT (which is 24% all in), we are less than many of our competitors.  Consumer Savings Network are a customer focused company. Our Director has been actively involved in processing PPI claims since the PPI scandal first broke in 2009. We have the experience and relationships already well established to manage your claims and deal with the largest banking and lending organisations, whilst small enough to give you the care, advice and attention you deserve.

What is Payment Protection Insurance, (PPI)?

  • Payment Protection Insurance (PPI) is a form of insurance that guarantees partial repayment of your debt. It generally covers up to a year of repayments if you are made redundant or lose employment from sickness.
  • PPI is known by many different names, usually created by the company providing it. Some examples are; Accident, Sickness and Unemployment cover (ASU), Card Repayment Protection Cover(CRP), and Mortgage Payment Protection Insurance (MPPI).
  • PPI was mis-sold by lending institutions because they failed to fully explain the costs, or check suitability.  For example, people with good sick pay benefits from work generally didn’t need PPI.  Also, those that have alternative income support, like savings or family. This is why over £47 Billion has been awarded in refunds to clients thus far.