Mis-sold Payment Protection Insurance?

Posted on Dec 09, 2011 | Hits: 262 | Stock No: #4702
 
Rating: 0 ( 0 Votes)
Town:   Belfast
Post Code:   BT9 6DJ
Phone No.:   0800 622 6073

 

Have you been sold Payment Protection Insurance?
Then you are probably due a cash rebate of around £2,500 read on to learn about our risk free, extremely competitively priced No Win No Fee service.
What is Payment Protection Insurance?
Payment Protection Insurance is sold alongside Loans, Credit Cards and Higher Purchase, it is designed to pay your monthly payments in case you are ill or made redundant.
Very few customers were told that the cost of the Payment Protection Insurance would be added to the loan as a single premium and that the interest would be charged on this amount.
Only half of customers said that they were told about the key limitations and exclusions of the policy in order to establish the needs and eligibility of the customers.
Many customers were not told of the monthly costs or the total cost of the policy.
A percentage of customers were unaware that Payment Protection Insurance had been added to the policy.

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