With the revelation last month from the Financial Ombudsman Service that as many as 90% of potential PPI claims have NOT yet been made, UK Money Solutions have been asking - why not? The most logical conclusion is that many people are simply unaware that they could put in valid claims for PPI refunds so we are now able to carry out a no-win no-fee check for peace of mind.
It would be criminal to allow the PPI claims saga to end and then find out you could have been due a PPI refund that went unclaimed. The banks have been pushing for a deadline for some time now, so who knows whether it will be granted or not? The bottom line is that the FOS have stated that as many as 90% of claims have not yet been submitted so why is it that millions of people are sitting on unclaimed PPI refunds without having any idea about it?
One theory is that many people think that because they took out their loans, credit cards and mortgages some time ago, and possibly paid them off, then they cannot claim anything back because it was in the past. Also, many people may have forgotten the account numbers and thrown away the paperwork. You can still make a claim if you fall into this category and although there is no gaurantee of success, UK Money Solutions can at least give you closure if you are unsure whether you qualify for a PPI refund or not.
Another theory is that some people are adamant that they did not take out the PPI with their loan, credit card or mortgage. Believe it or not, one of the most common reasons that people can genuinely complain about the selling of PPI is the fact that some banks added it to loans or credit cards without the consent or knowledge of the customer. At least 30% of our PPI claims customers tell us that they were unaware that they had taken out a PPI policy.
One more theory is that many people accept that they took out PPI and believe it was sold properly and they quite happily consented to having it. The fact is that these customers could still argue that they were mis-sold PPI because even though they were happy to take it, the banks salesman may not necessarily have informed them of all the terms and conditions such as the exclusions in the small print.
Anyone in the above situations could benefit from calling UK Money Solutions free on 08000 748 059 to use our no-win no-fee checking service. We will do the necessary legwork to uncover whether you could have a valid claim or not - and if we don't successfully reclaim any mis-sold PPI for you then you pay us nothing. Alternatively simply fill in our online express PPI enquiry form and we'll take it from there.
Our check will not affect your relationship with your bank in any way and it certainly will not affect your credit rating. So if you've ever taken a loan or credit card with HSBC, MBNA, RBS, Natwest, Barclays, First Plus, Halifax, Santander, Lloyds TSB - let us know today so we can make that no-win no-fee check. Who knows, in three months time you could be cashing a big cheque that you had absolutely no idea was ever owed to you!
UKMS Money Solutions Ltd T/A UK Money Solutions are regulated by the Claims Management Regulator in respect of claims management activities (CRM26720) Its registration is recorded on the website www.claimsregulation.gov.uk