Payment protection insurance (PPI) policies were often mis-sold by banks and lenders, who did not properly explain what the policies covered or lied that they were compulsory. An investigation found widespread mis-selling that unfairly profited providers. New rules now require providers to compensate customers for mis-sold policies. The website offers to determine if a customer was mis-sold a PPI policy and help them claim compensation.

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PPI CLAIMS CALCULATOR
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16
OCT
2014
PPI Claims Calculator-Miss
Sold? How does it happen
Categories: Legal Services
Author : Scottr Brown
The payment protection insurance is designed in such a way that it
covers loan or credit card payments, if you go unemployed. For a
better understanding, if by any chance, you become sick or end up
losing your job, PPI was sold by the banks and other lenders to their
customers, without giving a detailed explanation on what the PPI
covered. While at some worst cases, the bank or lenders even lied to
their customers that it was compulsory to take a PPI, whereas in some
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2. cases, the customers aren’t aware about one such term.
At PPI Claims Calculator, we not only tell you if you were miss sold,
but also help you get your money back.
Banks and lenders weren’t charged for such an unfaithful act?
Since 2006, the Financial Conduct Authority and Financial Service
Authority, has punished the PPI providers for treating their
consumers unfaithfully.
After an investigation on the PPI that lasted for about 15 months
the compensation commission found that the PPI providers found
a huge profit by miss selling their products.
Sometime in August 2010 a decision on cleaning up the entire
industry and its unfaithful game, was taken.
PPI Claims Calculator
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3. PPI providers were straight given few strict rules, wherein they
make sure and pay their customers the value of the miss sold
products.
This case was put to hold by the British Bankers Association, for
taking adequate actions against the wicked plans.
High Court revealed a review sometime in April 2011 favouring the
miss sold consumers.
At present, there isn’t any confirmed or a particular number blocked
as a compensation, as this figure mainly depends the number of the
miss sold consumers coming forward to get back their claim. Though
the bank was given a strict order to get in touch with their complaints
from PPI consumers about 2 year ago, since there wasn’t much of a
visible progress, recently the compensation commission put another
rule, for the Bank to get in touch with all past PPI consumers, both the
ones who had complained and the ones who never did.
While PPI policies were miss sold, not all were. To know if your policy
falls under this, please speak to PPI Claims Calculator experts just by
filling little information at ppiclaimscalculator247.co.uk and expect our
expert’s call sooner.
One must raise a complaint to the bank or the ombudsman within six
years since the product was last sold to you or within three years after
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4. you’re aware that, there are chances to rise in a complaint and fight
for your money. Our PPI claims calculator will help you out in
achieving what you are looking for.
Your PPI policy is expired? The unfaithful providers still have the same
space to work out some options favouring you by violating the rules.
This process is much easier than you read or hear it. Just get in touch
with us at ppiclaimscalculator247.co.uk and we do the entire
struggling part on your behalf and ensure to reach to any higher level
and get your money back in no time. After all you’re worth it. You just
have to fill out our PPI claims calculator and rest we will take care of.
http://ppiclaimscalculator247.co.uk
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