Claims for Mis Sold PPI or payment protection insurance are being processed faster at ppi recovery with the new quick check system
Online PR News – 09-November-2010 – – PPI, or Payment Protection Insurance to give it its full name, has become a very controversial subject. With more people becoming aware of what a PPI is, there has been an increase in mis sold ppi claims being noted across the industry. There are many reasons for this, not least the evidence of mis-selling of policies uncovered by the recent Financial Services Authority (FSA) investigation.
There has been a positive result for consumers with the proposed revisions to the way PPI will be sold look to make the loan insurance market a much safer and more competitive place for the consumer.
PPI are usually taken out when a consumer takes out a loan (secured or unsecured). The problem has been highlighted that the PPI was not offered as an option or that the option was forced as part of the loan.
Spokesperson for http://www.ppirecovery.com had this to say " ppi claims are on the rise as more and more people realise that they were mis sold ppi. You can reclaims all payments that you made if you feel you were not given an option on payment protection insurance on a loan that you have taken out"
There are many companies out there providing ppi reclaim. PPI Recovery is a well established company able to quickly and decisively process a PPI recovery. In many cases we have found the clients PPI Recovery took less time than expected. This is due to the newly utilised "quick check system". The system relies on the experience of PPI recovery of what data needs to be collected to process the claim. The consultants are able to check off all the details that are required and are able to tell the claimant if they are eligible almost immediately in most cases (subject to data provided).
Call PPI Recovery to see if they can help.