PPI Claiming still possible!

Published: 09th February 2011
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The number of people reclaiming PPI has rocketed over the last few years as more and more people have realised that this type of insurance may have been mis-sold to them when they took out the loan or credit card. PPI claiming has been brought into the spotlight by the hundreds of Claims Management Companies (CMCs) that have sprung up recently, who have encouraged anyone who has taken out a loan or credit card in the last 10 years to reclaim payment protection insurance if they took it out. Many clients have been given the impression that PPI claiming is basically easy money and this has led to a 50% rise in complaints to the Ombudsman last year alone.
Recently however, the Banks have responded as a result of the sheer numbers reclaiming PPI and according to some reports, up to 70% of Banks have put mis-sold PPI claims on hold. It’s no surprise that the Banks are defending their actions, as the PPI market over the last 10 years has been worth Billions of pounds, and should every person who ever took it out decide to reclaim payment protection insurance then this would be yet another blow in a bad couple of years for the banking industry. Claims will be on hold pending the outcome of a judicial review.


The good news is that PPI claiming is still possible with UK Money Solutions! Contact us today and we will guide you through the reclaiming PPI process with no upfront fees to pay. We will contact your bank on your behalf to reclaim payment protection insurance and should they reject your claim then we will refer the complaint to the Financial Ombudsman Service and vigorously pursue your claim. 81 % of people reclaiming PPI using the FOS have their complaint upheld in their favour. UK Money Solutions are experts in PPI claiming and will not be put off by the Bank’s delaying tactics! It is perfectly possible to make a complaint against your lender yourself, but with these recently added complications and the fact that UKMS charge no upfront fees, can you realistically afford NOT to use our service?

So, if you had been considering attempting to reclaim Payment Protection Insurance then contact UK Money Solutions today to assist you all the way from start to payout. We are still reclaiming PPI with no upfront fees to pay so what do you have to lose?



Author:

UK Money Solutions offer best services on ppi claiming or reclaiming ppi from any financial institutions. Reclaim payment protection insurance now with UKMS.


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