• Bank Charge Reclaim
  • Bank Charge Reclaim
  • Bank Charge Reclaim
  • Bank Charge Reclaim

Loan Payment Protection insurance - Claim it back with Us

Loan Payment Protection insurance claims




Loan Payment protection insurance is so often mis-sold to people under the false pretence that they need it, which is often not the case, so for this reason it is necessary for there to be facilities for the general public to make claims.

Who can reclaim?


First you need to establish if you have PPI - you may have the insurance without knowing. When attached to a credit card you should be able to see any payments taken for PPI in your statements, but if you have a personal loan it might not be so obvious. Best to contact your lender to find out if you have it.

The clearest cases of mis-selling are those where customers were sold the insurance when they had no chance of claiming on it.

• If you were not employed at the time you took the insurance – whether you were unemployed, self-employed or retired – it will be impossible for you to make a valid insurance claim.

• If, when you took the insurance, you had a medical problem that could have kept you from working; you should have been warned that the insurance was unlikely to be suitable for you. If it wasn't explained, you can claim.

• If you were sold a 'single premium' policy – where the whole cost of the loan is paid for up front with money that is also borrowed at the same interest rate as the loan – you should at least be able to get a refund by cancelling the PPI. If you cancelled or repaid the loan early, but were unable to cancel the PPI, then you can claim this back with us.

Fill in the form to the right of the Page to Claim your PPI