Have you taken out a loan, credit card, or a mortgage in the last six years?

Here at Red Claims, we are helping anyone that has taken out a PPI policy, with our no win no fee service. Simply complete our enquiry form and see if you can make a claim today.

• Claim Back Every Penny with the Help of Red Claims

  
  

  If you have been mis-sold PPI (Payment Protection Insurance) then you have come to the right place. Our goal is to help our clients claim back every penny that has disappeared into supposed PPI (also known as Accident, Sickness and Unemployment insurance), plus interest.




• PPI premiums as proportion of loan

  
  

  Loan Type	Loan amount	PPI premium	premium as a percentage of total loan
  Unsecured personal loan	£8,993	£2,217	25%
  Unsecured personal loan	£11,000	£5,133	47%
  Hire purchase for car	£5,059	£2,157	43%
  Hire purchase for care	£6,895	£2,317	34%
  Unsecured loan	£5,600	£744	13%
  Secured loan	£25,000	£12,127	49%
  Secured loan	£35,000	£10,150	29%
  Conditional sale for car	£4,300	£2,394	56%
  Unsecured personal loan	£13,000	£3,367	26%

  
  Source: Citizens Advice Bureau PPI Report Findings Sep 2005




• The Mis-Selling Scandal

  
  

  The mis-selling of PPI has become a prolonged scandal that has involved the scamming of thousands of people over a number of years. Dishonest financial advisers have taken advantage of their clients and for a long time were able to get away with it. Plus, banks have made huge profits by selling PPI, as only 10% of claims are ever paid out!

  
  

  Many people have been sold PPI without even knowing about it, let alone agreeing to it. Others have been sold PPI because they are self-employed or have pre-existing medical conditions and want to protect their policies and their income. This may seem like it was a sensible idea and it should have been but it has turned out that for many, this PPI would not even cover these people if they did need to claim.

  
  

  The banks have made huge profits from selling Payment Protection Insurance. Despite the insurance being massively overpriced, it was sold to people who simply didn't need it.

  If you don't question whether it was mis-sold, you'll carry on spending a fortune on a policy that may never be of use to you.

  
  

  Evidence shows that hard sales methods were used by banks and other companies to encourage staff to sell this insurance to people who didn't want or need it. As such. PPI wasn't always sold in your best interests. Many banks and other financial service providers have been fined by the FSA for mis-selling PPI.




• How We Can Help You Claim

  
  

  Here at Red Claims we have a no win, no fee policy so there is absolutely no risk on your part. Our highly qualified, hard-working team will do their utmost to ensure that you get back the money that is rightfully yours.

  
  

  To see if you are eligible and for more information on how we can help you claim back mis-sold PPI, call 020 7377 1122 now.