Consumer finance headlines are still dominated by PPI claims, as more consumers become aware of mis sold policies. This is further fanned by numerous successes posted on different media sites. It however does not mean that there is no small percentage of people who do not even know what PPI is or even how to lay claims in case they were mis sold. For victims with no idea on how to claim, Webster O Brien Solicitors PPI Claims Specialists can be considered to act on behalf of a client.
PPI was designed to cover debt repayments or loans in case unforeseen problems arose. These include illness, retirement, job loss and death. The policies did work of course, and they varied depending on each company. They were sold to consumers as part of the deal when taking loans. In a number of cases, clients were never informed of this. For example, the self employed or those with existing medical conditions were not eligible for the cover. People who think they were mis sold on these grounds may contact Webster O’Brien Solicitors-PPI Claims Specialists.
Sales people also never explained to a number of clients what the policies were. At other times, clients were told they could not get loans unless they took out PPI, which was a lie. If anyone was sold PPI on these grounds, they may consult Webster O’Brien Solicitors- PPI Claims Specialists to find out how much they can win on claims.
Before consulting specialists however, it is prudent to know who qualifies to lay claims. In case an individual took out a loan, mortgage, car finance or credit card, they may be candidates for refunds. If an individual had pre existing medical conditions by the time they took the loan, they are supposed to be reimbursed. In case one can see the following terms in a loan agreement form, or something similar to these;
- Loan Protection.
- Protection cover.
- Loan Care.
- Protection plan, they were probably mis sold on PPI and deserve to be refunded.
In case the documents are not available, there are still ways of claiming if one is sure they were mis-sold on PPI.
Most of the time, people are wary of using claims companies, because they are advised to seek compensation by themselves. Stories about claims specialists charging clients highly are doing their rounds too, leading to fear on the part of claimants. Claims companies have assisted so many people to get what they deserve. Instead of an individual having to run up and down, moving from one office to the next, there is the option of sitting down and letting someone else do it on their behalf.
Reasons for using a claims company include:
- PPI claims specialists are trained and able to give claims individuals proper attention.
- Most do not charge upfront because they believe this is unethical. Few that do are almost out of business.
- The ‘no win no fee deal offers a client peace of mind.
- All customers are treated individually.
- Charges are clear and simple, and are often honored.