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PPI Claims - Get Back What you Shouldn't Have Paid! by James Enright





Article Author Biography
PPI Claims - Get Back What you Shouldn't Have Paid! by
Article Posted: 11/05/2012
Article Views: 482
Articles Written: 3
Word Count: 532
Article Votes: 15
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PPI Claims - Get Back What you Shouldn't Have Paid!


 
Business News,Finance & Investment,Insurance
Wondering about extra charges levied by lenders? As astonishing as it sounds, most loan, credit cards and mortgage lenders very conveniently and creatively rob a borrower blind, with the help of hidden tactics in the name of Payment Protection.

A person in urgent need of funds is the easiest to mislead and credit card and loan lenders make full use of this vulnerability. Usually, borrowers don't even realize how a major share of what they're paying back comprises absolutely uncalled for and flimsy extra charges. Banks and other credit givers usually append PPI as an add-on to a loan or overdraft facility, to ensure that in case of death or other unforeseen situations of a borrower the loan is paid back. Though the borrower is the person paying for the policy, the benefits are cornered by the provider who credited the funds to the borrower. However, awareness and correct guidance can equip a borrower to shield himself from excess charges and mis-sold PPI. PPI Claims is meant to assist those borrowers who are victims of mis-sold and exorbitantly priced PPI. Generally, in case of people who have had a loan credit card or mortgage for the past 6 years or more, their bank account could still be burdened with hidden payments for totally unwarranted PPI.

Ppico.org is among the companies that are actively engaged in payment protection insurance claims. In case of a customer, PPI Co has helped in procuring refunds worth £52,851 from the customer’s lenders. Filing a case with PPI Co does not cost anything. Experienced and qualified executives handle cases and deal with the lenders on their own, without the borrower needing to run through the hassles. PPI Co not only files for refunds on mis-sold PPI but also identifies any other baseless charges in the borrower's statements and appends them to the claims. The biggest plus point of filing a case with PPI Co is its No Win, No Fee policy! This means the borrower isn’t required to pay even a single penny if he doesn’t get a refund. And in case the client succeeds in getting a refund, all he needs to do is to pay a token amount of 25 % VAT to the company filing his claims.

The other big benefit of filing claims with PPI Co is that it provides a free-phone service. Borrowers can procure all the information about their cases on the phone toll free. In addition, each client is given a dedicated case manager so that there is no mix-up when a client calls. On many occasions, borrowers in a hurry to borrow or owing to ignorance tend to overlook obtaining proper paperwork from their lenders, making it difficult to file any legal claims in future. Mercifully, even in case of lack of paper work, PPI Co manages to obtain proper files from the loan provider. PPI Co is a blessing in disguise for all those grieving the payment of unsought extra charges.

So, it is certainly better to pursue claims today than to regret in future!

When we talk about this subject it is beneficial to also know about PPI and also good stuff about PPI Co.

Related Articles - PPI, PPI Claims, PPI Co, PPICo.org,

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