1. Where are you based
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2. The Loan
Do you still
 have your loan
 agreement?
 
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How Much was
 your Loan?
 
3. Contact Details
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First Name  
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Daytime Tel No.  
Mobile Tel No.  
Email Address  
 

Are you a victim of the PPI Rip Off Scandal?

PPI ('Payment Protection Insurance') is a form of insurance that can maintain a borrower's loan repayments in such instances where they are unable to ordinarily make these payments due to being made redundant, off-work due to illness or following an accident. PPI is often sold by a bank or broker as an up-front single premium alongside the loan.

These premiums can range from £500 right up to as high as £25,000!! Where a PPI policy is never successfully claimed upon it serves only to increase the amount a borrower lends and pays interest on, in addition to the loan itself. Over the past couple of years many banks and brokers have beenmis-selling PPI policies alongside loans to thousands of vulnerable and unassuming borrowers.

This has led to the Financial Service Authority (FSA), the Financial Ombudsman Service and lately, the Competition Commission, all making extensive investigations into this market and concluding that wide-spread mis-selling has occurred at an alarming rate and on an alarming scale!

The Competition Commission has gone so far as to put forward proposals banning the sale of up-front single PPI premiums and of its sale immediately alongside a loan.