What is PPI For?
PPI is commonly known as payment protection insurance. It was created as a financial product to insure customers who may have been unable to make payments due to sickness or unemployment. Many people often wonder ‘what is PPI for?’ as many of the people who were involved in the selling of PPI didn’t accurately disclose what the product was, or led the consumers to believe that the product was compulsory for the type of loan or credit they were applying for. Payment protection insurance was also sold to a number of small and medium businesses too. If you were unsure if you were mis-sold PPI you can visit the FAQ section.
This practice of mis-selling PPI to consumers has increased in the past decade and Stanton Fisher are still fighting banks in the UK on behalf of the consumer.
What is PPI For and how do I claim?
We have been processing customers PPI complaints for many years which makes us suitably equipped to handle your case. We have an impeccable record in pursuing claims for our clients, including a number of high profile cases with significant pay-outs, in addition to smaller scale claims too. We will accurately assess your claim to determine whether you were mis-sold PPI and if you are in fact eligible for a financial reimbursement. If your claim is deemed successful, we will negotiate with the bank to ensure you get every penny you’re entitled to and will act on your behalf to get the claim processed as quickly as possible.
If you have had a loan or credit card with an Irish bank in the past ten years, then there is a possibility you were mis-sold PPI. Check out our news section to hear more about the PPI scandal.
