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What is PPI

PPI (payment protection insurance) has been pushed mercilessly alongside loans for the past 15 years. The lenders nearly always make more from the sale of PPI than from the loan itself.

As an example, in 2002 Barclays Bank sold £360 million of PPI alongside loans. Their profit from that was over £280 million. They are not alone. ALL lenders have saddled their customers with this insurance to produce bumper profits.

Thankfully the sale of these policies was banned in May 2009. Relentless pressure from consumer groups, the Citizens Advice Bureau, television gurus and mainstream media has forced both the FSA and the government to ban the practice.

This now means that anyone with one of these policies is entitled to reclaim their money in full with interest and compensation added in.

By following the full legal process our solicitors can levy full costs against the lender.

There are an estimated 20 million PPI policies in force. We can also recover premiums going back over 6 years. This puts another 80 million policies up for challenge.

Real Claims aim to reach as many of the people who hold these policies as quickly as possible. Before the lenders look to change legislation which will cheat millions out of the money they are due.

DO YOU THINK YOU HAVE BEEN MIS SOLD?

We can help.  If your claim is likely to be a success we will manage the whole process for you and update you every step of the way , it won’t cost you a penny*.  If your not sure if you were mis-sold call us now for a free consultation.

For more information on PPI please select from our PPI menu positioned on the top right of this page.