Lancashire, UK -- (SBWIRE) -- 10/17/2011 -- Although consumers may not realise it, anyone who has taken out a secured or unsecured loan, mortgage, or credit card within the last 10 years was probably also sold something at the same time called Payment Protection Insurance, or PPI.
In theory, PPI sounds like a smart idea; it covers debt repayments in cases where the borrowers cannot make the payments themselves. For example, for those who become ill or have an accident, PPI can be very useful.
The problem is that in many cases PPI policies were mis-sold and borrowers were encouraged to take out the Payment Protection Insurance even when they could never have benefited from it, which means they ended up paying additional payments on a service they did not need.
Fortunately, a claims management company has helped thousands of people in the UK reclaim the PPI premiums that they should never have paid, both on existing agreements as well as those that have already been paid off. In addition, Premier Claims Plus is currently offering a promotional reduced fee of 15% on successful claims for customers submitting their PPI claims before the 31st December 2011. There are no upfront costs and their service works on a No Win No Fee basis.
“Mis sold PPI claims are now being made daily by hundreds of thousands of victims who are claiming back money which should never have been taken from them,” it states on the website.
“If you’ve taken out a loan, credit card, mortgage or borrowed in the last 10 to 15 years, you too may be able to reclaim thousands of pounds in PPI payments that could have been wrongly taken from you.”
Using the website is easy; customers can simply visit the home page and complete their contact information; within 60 minutes a friendly and experienced customer service representative will contact the client, offering free advice and answering any questions about the PPI reclaiming process. As the website assures customers, even those who are not sure if they have a valid PPI claim are welcome to speak with an advisor who will look over the case and determine if anything can be done to help.
The website also gives helpful information about mis sold PPI, as well as numerous testimonials from thrilled customers who successfully reclaimed money that was due to them.
“You can claim back all your PPI premiums, together with interest and an added 8% statutory compensation. Premier Claims Plus handles the complete PPI complaints process for you, from start to finish,” the website explains, adding that the average reclaim is £2,300.
About Premier Claims Plus:
Premier Claims Plus specialises in dealing with mis sold PPI claims on behalf of bank and building society customers across the UK. The company was established in July 2009 and works exclusively as PPI claims consultants. Its goal is to provide expert advice in all areas of financial mis-selling to ensure that it secures the maximum compensation in the shortest possible time, to reduce the stress and worry experienced by its customers. For more information on Premier Claims Plus, please visit http://www.premierclaimsplus.co.uk