PPI mis-selling - Were you mis-sold PPI?

16 Million people who took out a loan, credit card or mortgage during the last 10 years, may be eligible to claim for mis-sold PPI (Payment Protection Insurance) but are completely unaware they even had it. It may have been labeled something else such as ‘Accident Sickness & Unemployment Cover’, ‘Income Protection’ or other similar titles, but does not affect your right to make a claim that it was mis-sold to you.

Our trained, professional advisors (regulated by the Ministry of Justice) can very quickly determine if you are eligible to claim.

Call 0800 027 2484 - for a quick, free, no obligation assesment.

And NO UP-FRONT CHARGES.

Ask yourself 5 simple questions

PPI was mis-sold in many ways, but if any of the statements below relate to your experience you may be eligible to claim for thousands in compensation:

1. Were you overcharged for the cover?

In many cases PPI was mis-sold as a ‘single premium’ at the start of the loan and included in the total cost of the loan and thereby incurring interest. There will have been much cheaper ways of buying cover – such as a pay-monthly stand-alone insurance that is not attached to the loan agreement and doesn’t attract interest.

Actual Case: In 2007 Mr & Mrs P took out a personal loan with Black Horse for £10,000 over 120 months at 25.9% APR. They were also mis-sold PPI (Payment Protection Plan) for £6,000 but because this amount was added as credit to the loan it was also be payable over 120 months at 25.9% interest, ultimately costing £9,556.80. Almost as much as the original sum borrowed in the first place and taking the total amount repayable to a massive £41,483!

Original Sum borrowed	£10,000
120 months interest @25.9%	£15,927
PAYMENT PROTECTION PLAN	£6,000
120 months interest @25.9%	£9,556
Total Amount Repayable	£41,483

2. Have you been paying for insurance you didn’t need?

The PPI policy may not have been suitable for you, if for example, you already had company sickness cover through your employer. If you were a member of the armed forces, worked in the civil service or the NHS, you would not have needed payment protection insurance as these services provide full sick pay.

3. Would you have been eligible to claim should you ever have needed to?

You were mis-sold the PPI policy if at the time of sale you were:

• Self-employed or unemployed
• Retired or due to retire before the end of the policy term
• Working less than 16 hours per week
• A temporary or agency worker (eg. to cover maternity leave or on a fixed-term contract)
• A student in full or part-time education
• A director of your own company

4. Were you told you had to take out a PPI policy to qualify for the credit?

If you were told that you had to take out PPI in order to be approved for the credit card or loan, you were mis-sold the policy.

5. Have you been paying for a form of PPI without even knowing you had it?

If you have been paying for a PPI policy that you didn’t realize you had or didn’t want, it was probably mis-sold to you and you should make a claim. It may have been that PPI was added when you first signed up for a new credit card. We even have cases where clients have been pressured into adding PPI when they have called to 'activate' their card.

Here’s why more than 360,000 customers have chosen EMCAS:

Quick, no obligation, free assessment

A free, no obligation call to 0800 027 2484 will allow one of our advisors to quickly assess if you were mis-sold PPI and eligible for compensation.

No forms to fill in – we do it all for you

We know that everyone hates filling in forms, so we do it all for you. We simply ask the questions on the phone and fill in the fields before sending the forms to you for signing.

Professional, regulated service

Your claim will be handled by trained, professional financial claims experts, regulated by the Ministry of Justice in respect of regulated claims management activities (Authorisation Number CRM1768). EMCAS is also registered with the Information Commissioner under the Data Protection Act 1998 (Registration number Z8192370).

Our claims managers are experts in understanding the jargon used in decision letters issued by the banks. They will translate it into plain English for you and advise on the best course of action to take.

We have had successful claims against Lloyds TSB, Halifax, Barclays, NatWest, Alliance & Leicester, HSBC, MBNA, Bank of Scotland, Black Horse, Abbey National and almost every other PPI provider.

Full Refund – with interest

The rules on how to calculate a claim for mis-sold PPI are published in the Financial Services Authority (FSA) Handbook and state, “the firm should, as far as practicable, put the complainant in the position they would have been if they had not bought any payment protection contract.”

If your loan or credit card has been paid off we will reclaim:

A full refund of PPI premiums
+ any interest charged on the premiums
+ 8% compensatory interest for each premium payment

If your loan is still active we will reclaim:

All of the above
+ removal of any future PPI premiums from your account (reduced monthly payments)

First Class customer service

As a consumer services company, customer satisfaction is at the core of everything we do. We have been handling PPI claims since 2007 and have helped over 360,000 clients claim back money that is rightfully theirs. A browse through our customer stories will illustrate the joy excellent customer service can bring.

No more hours of hold music

Dealing with the complaints department of a large bank or credit card company can take days off your life! We take away the pain by doing all the chasing on your behalf. Freeing you to get on with your life. It’s only the occasional call or email from us updating you on the progress of your claim that reminds you that you are currently fighting a PPI claim at all.

No win, No Fee - No upfront costs - No hidden charges

You will only be charged if your complaint is successful and you receive compensation as a result. If the claim is carried to its conclusion and is lost, you will not be charged for work carried out on your behalf. If during the course of your claim you decide to cancel our contract a fee will be payable to reflect the work carried out by us on your behalf and any expenses paid out up to the point of cancellation. We charge 25% + VAT (30% inc. VAT) of any refund gained on your behalf.

The banks will fight your claim with experts - why shouldn't you?


CALL FREE NOW on 0800 027 2484