By working together we can create pressure on these financial institutions to create a more secure and beneficial financial system for our citizens. We don’t want to see 32 million credit card holder in our country to be deprived of that. PPI is also known to some as Accident Sickness Unemployment cover or ASU .It might be hidden under your loan, mortgage ,credit card or car finance. So if you might have miss sold more than one policy you will get 2750 pounds which is the average industry payout right now.
Although the risk involved here too as we are all gambling men and women so why not try it. For average the ratio of accepted over rejected claims is negative. There was a time when people did not knew that they is such thing as PPI claim but due the PPI scandal and thanks to the media for giving it the required coverage ,everyone became aware of the mis sold policies. There is a boom in this industry when most of the banks, customers and third parties mis sold their PPI policy for over a decade and several financial institutions were fined by Financial Services Authority. Alliance and Leicester were fined for 7 million pounds on account of mis selling their PPI policy. Annual report of Financial Services Authority for 2009/2010 showed that more than 30% customers were paid back their claim on PPI policy and the percentage is increasing. The price you have paid for your PPI policy may vary but to average its 15 to 16 percent over the debt. PPI is charged only once but in case of PPI premium its charged on monthly basis. It varies from 25% on unsecured loan to 50% on secured loan. With interests that are charged on premiums by financial institutions the cost of a single policy increases geometrically . It’s a good news for you if you have bought a Premium Payment protection policy and the chances of getting back your claim are higher than others. Because of their mis sold policies several banks are now setting up compensations for their customers including Lloyds Banking Group (£3.6bn,)HSBC (£745) and RBS( £950m). This is an awful lot of money and that means that huge numbers of customers are affected because of their mis sold policy and you can be one of them. So feel free to contact our PPIClaimsadviceLine to claim your mis sold policy. We are Oracle legal ltd, based at Bury, Lancashire .
You can contact us through our toll free no. 0800 031 60780800 031 6078 or mail us at Oracle Legal Ltd. Lester House,21 Broad Street,Bury, Lancashire BL9 0DA. In case you are wondering whether we charge you for unsuccessful claims then it a big NO! because we believe in No Win No Fee policy. We have no hidden charges and upfront fee. In case of a successful claim our fee is 25% plus value added tax of the reclaimed amount. For more information visit our website and fill out the form and let us know if you are interested in pursuing your claim.