Tackling the mis sold PPI/loan insurance racket
If you have a loan with, Abbey, Alliance & Leicester, Barclays, Bradford & Bingley, Halifax, HSBC, Lloyds TSB, Natwest, RBS, Northern Rock or any other provider you may be owed up to £15,000 in compensation (our biggest win yet). Portal Claims have been helping people who have been mis sold PPI / loan insurance since 2004. During this time we’ve taken on some the UK’s biggest financial institutions on behalf of our clients, winning millions of pounds in loan protection claim compensation along the way. Our experts can assess your case to let you know if you are the victim of a mis sold PPI policy then make a robust claim on your behalf.
Are you owed compensation?
If any of the statements below apply to you then you could be in for a big windfall:
- They made me think I had to have PPI in order to have the loan
- They added the PPI onto the loan without fully explaining why
- The bank didn’t explain the full cost of the PPI or the exclusions in the terms and conditions
- When I took out the loan I was self employed, unemployed or on a fixed term contract
- When I took out the loan I had existing medical conditions such as depression, back problems etc
- The PPI was a paid as a lump sum when you took out the loan
Loan payment protection, the pitfalls
Payment Protection Insurance (PPI), loan payment protection or loan insurance, is designed to cover the cost of your loan repayments should you become unemployed, or unable to work due to illness. The problem is that much of it is hugely overpriced and may not even cover you in the way that you expect. In fact you may have this overpriced insurance and not be aware of it! Double check your loan documents now! If you have PPI, our experts may be able to show you if you have a valid claim for mis sold loan insurance, which means you could be in for a wind fall.
Will a mis sold loan insurance claim affect my credit rating?
No, a mis sold PPI claim won’t adversely affect your credit rating. Instead it could substantially reduce the payments on your loan and your monthly outgoings by a surprising amount and give you a substantial payout. It won’t adversely affect your loan either and if you feel you need it, you should be able to get replacement insurance at a fraction of the cost.
Why use Portal Claims?
We are one of the UK’s leading financial claims management specialists and offer a completely hassle-free claims service. Just give us your policy details and we’ll handle your claim for you and work on a no win – no fee basis. Our average PPI claim is over £2,500, but time limits apply. Don’t lose out, give us your details in our online claim form opposite and start your claim now!
Want more information? Check if you’ve been mis sold PPI or how to make a PPI claim.