PPI Claims - Finance

PPI stands for Payment Protection Insurance – a product designed to provide financial protection for people who are unable to make their monthly repayments on their loans, credit cards or mortgages. This may be due to unemployment, illness or injury.

While this appears to be a useful product, it is estimated that almost three-quarters of the adult UK population has been mis-sold PPI at some point over the past 10+ years, meaning they have needlessly or unwittingly paid higher monthly premiums. This has led to a high volume of PPI claims, many of which have been successful, and you could be next in line with the assistance of Simple Financial Solutions.

Have you been mis-sold PPI?

There are many ways in which PPI was mis-sold and it would have normally taken place when you first took out your mortgage, loan or credit card either online, face-to-face or over the telephone. There have been a significant number of cases whereby during purchases made face-to-face and over the phone, borrowers have often been incorrectly told that PPI is compulsory or that they are eligible (when they have not been, i.e. the self-employed and over 65s).

Policies bought online may have involved a PPI opt-out using a tick box; this comes under the category of ‘mis-selling’ and was abolished in June 2007 in favour of an opt-in system. Therefore if your purchase was before this date there is a good chance that you will be eligible for a refund.

How to make a PPI claim

It is possible to make a PPI claim without the help of experts such as Simple Financial Solutions, however by hiring our services we can get you a full refund in half the time and with the minimum of fuss.

We draw on the support of some of the best PPI reclaims companies around and promise to return your hard-earned cash back to its rightful owner – you. We can look into any type of PPI claim – credit card, loan or mortgage. Even if you don’t think you have been affected there’s no harm in looking back through your finances as there may be a hidden charge that you’ve overlooked or didn’t pay attention to at the time.

Why use Simple Financial Solutions to claim your PPI refund?

We have many years of experience in PPI claims and are highly adept at assessing terms of agreement and identifying whether you have a case or not. We also promise to:

  • Quickly let you know whether you have a case or not. We don’t want to waste your time
  • Strive to get the maximum refund you are entitled to by putting together the best case possible
  • Not give up at the point of initial rejection as this can ultimately lead to an approval
  • Use our vast knowledge of the industry and how different lenders operate to get the best outcome for you
  • Take on all the administration of your PPI refund claim

Our customers love us!

We've helped hundreds of people find better deals on their finances