Payment Protection Insurance

Mis-Sold Payment Protection Insurance (PPI)

Also known as: Personal Loan Protection (PLP) ,Mortgage Payment Protection Insurance (MPPI), Accident Sickness & Unemployment Cover (ASU), Life & Accident, Sickness and Unemployment Cover (life and ASU), Credit Card Repayment Protection (CCRP).

Payment Protection Insurance (PPI)

Banks, finance companies and credit card companies have been selling payment protection insurance (PPI) with their loan and card products without properly checking whether the insurance was needed or wanted.

If you can answer yes to any of the bullet points below then you may have been mis-sold PPI and can possibly claim back the amount you have paid plus interest.

  • It was not explained that the PPI would not cover me for the full term of the loan.
  • I was not told that Back problems and stress related illness could not be claimed for.
  • I was not warned that pre-existing medical conditions could affect any future claims.
  • I was Self Employed or Retired at the time of signing the agreement.
  • I was told I needed the PPI in order to get the loan.
  • The person selling the PPI was extremely pushy and advised me to take out the cover.
  • I was not even aware I had PPI. It was added without my knowledge.
  • I was not asked if I already had an existing policy that would cover me for the payments.
  • I was told the PPI had to be purchased there and then and could not be added later.
  • I was not told the PPI was a single premium added to the loan, increasing the interest charge.
  • It was not explained that I could get the same cover with another PPI provider.
  • I was told the loan was 'fully protected' and given no explanation or any other details.
  • I was told I had a better chance of getting the loan if I had the PPI.

You could be owed thousands of pounds in compensation, contact DSM Legal Solicitors on 01925650151 or complete one of our online forms.

________________________________________________________________________________________________________

Contact Us

Email: info@dsmlegal.co.uk

Telephone on 01925 650 151 to speak to a specialist solicitor today. Or if you are calling from outside the area, use lo-call on 0845 009 0863. We are open Monday to Friday, 8.45am to 5.30pm.

DSM Legal | Proud House, 19 Bold Street, Warrington, Cheshire WA1 1DG

________________________________________________________________________________________________________

DSM Legal Solicitors - Legal advice when you need it most


Our Services