Reclaim mis sold PPI today

From more than a decade ago up to this day, millions of people have been ripped off their hard earned money and are victims of mis-sold Payment Protection Insurance. If we follow the news of it from when the mis-selling started, we’d be astonished at how clever the schemes were designed to deceive credit consumers and force them to buy the policy irrespective of their need for it.

To date, PPI claims have not been reduced and still seem to be increasing as a bigger number of people have discovered that they were also victims of the scandal. They have hired solicitors and other PPI claims experts to help them through their claims while others were bold enough to gather as much information as they can to resolve things on their own.

You, too, can make things better for yourself and get back from being ripped off your money by reclaiming a mis-sold PPI at the earliest you can. These investigations take roughly 6 or 8 weeks to be resolved so the earlier you begin on it means a bigger chance of getting your compensation sooner. Why would you prolong the resolution of something you have been a victim of for a while now?

To begin with, you need to establish how much you have roughly paid to PPI and for how long. Your statements and other related documents will help you make that fact solid. The paperwork will have reference to the amount paid to PPI (whether as recurring premium charges on your credit card or a lump sum premium amount on a loan or mortgage) and the duration of it on your account.

You need not worry about possibly having lost the documents though. Your bank should be able to retrieve the information for you. Financial institutions and the credit bureau offices are mandated by the UK financial laws to keep your records on file for as long as six years. If your account happens to be older than that your safekeeping of the documents matters. Continue reading “Reclaim mis sold PPI today”

Keep Up The Pressure With PPI Claims

There’s something you need to know about the PPI scam — it’s dirty. It’s been shown that the lenders knew the scheme wasn’t going to work out, and salespeople had to push the policies on just about every financial product you can think of. Think your mortgage is safe from PPI? Don’t be so quite. It might not be called payment protection insurance, but it could be in there under “loan cover” or “loan care”. Looking through all of your old contracts is definitely a good idea.

Once you do find that you have been paying PPI premiums without realizing it, it’s time to put an end to them. You will need to get legal presentation on your side. Don’t even think that you can do this on your own. There are some guides floating around that say you can fight back on your own, but this is not the case. However, let’s pretend that it is — why would you even want to? The truth is that working with big companies can really drive you up the wall. You want to keep up the pressure on this industry by turning to legal representation. That’s the universal sign within the business world that you’re serious. Do companies always back off from messing with each other? Not until lawyers are involved. You can see that play out in the business news world each and every day. You just need to make sure that you are always thinking about the bigger picture around you.

If you don’t fight back against the lenders, they will continue to make up schemes to get more money out of you. After all, you’ve proven that you will not fight back, so why shouldn’t they get anything and everything they want out of you? Why shouldn’t they take advantage of you?

We don’t believe you have any reason to be ashamed of seeking compensation. It’s high time that you work on getting things started in the right direction with multiple PPI claims, if that’s what it takes. The world isn’t going to stop if you fight for what you want, but it can definitely change right before your eyes once you start standing up for yourself. We wish you the best of luck!

Home insurance should not be expendable

The last few years have seen some really tough times for consumers in the United Kingdom, and the high levels of unemployment and government cuts are starting to have a real impact on everyone.

As a result people are starting to cut down, but not in the areas most people would expect. Whilst logically people would cut down on takeaway pizza and sky television, dominoes and sky subscriptions have soared and shockingly people are starting to cut down on their insurance instead.

Home insurance is one particular area where people can legally not take out insurance, which makes very little sense given the value of possessions in the home, and the actual structure itself.

home-insurance

While car insurance is a legal requirement of driving on the roads, home insurance is not, but the consequences of not having it are huge. There are a huge number of ways in which you could need to claim on your home insurance, and whilst many are extremely unexpected, flooding, theft, fire, can all happen and when they do the financial consequences are often extreme.

Home insurance is generally made up of two different parts, contents insurance and buildings insurance. Those who live in rented or leasehold accommodation may not need the buildings aspect of the cover as this may have been taken out by someone else, but their contents cover is a must.

Whilst some people are choosing to not take out home insurance altogether, others are choosing to underestimate the value of their possessions. This again is extremely risky as you will be surprised at how much the things you need in everyday life actually cost.

Many families’ wardrobe contents cost as much as £10,000, and by the time you have added necessities like pots and pans, a microwave, cutlery, crockery, glasses, a washing machine, a table and chairs to sit at, a sofa, a television and beds you start to understand why estimating the contents of your home accurately is so important, just in case you lose it all.