The Financial Services Compensation Scheme (FSCS) have a separate FSCS PPI department. The FSCS PPI (Payment Protection Insurance) department consider PPI claims against Lenders and Brokers who have been declared in default because they have ceased to trade or cannot afford to pay compensation.
We specialise in pursuing clients claims with the FSCS. We are extremely familiar with the way in which the FSCS assess PPI claims and additional requirements the FSCS has for considering paying compensation.
You will not get back the money you paid for PPI from the FSCS just because you make a claim. People who try to use template letters or reasons found on the Internet and are often surprised when their claims are rejected.
Many people forget even when Companies no longer trade some of them can provide copies of the paperwork or recorded telephone calls to the FSCS. This information can prove borrowers willingly agreed to take out PPI with their Loan and to justify rejecting their PPI refund claim.
A Nationwide firm of Solicitors that specialises in PPI disputes, has warned that 80% of PPI claims are rejected. This means for every five people who try to make a PPI claim only one person is successful.
However, our Company specialises in mis-sold FSCS PPI claims and has a 99% record of winning claims for clients who were mis-sold FSCS PPI.
We work for you on a completely No Win No Fee, commission only basis. This means we don't charge any upfront fees and if we do not win your claim, you will not have to pay us a penny, so there is absolutely no risk of you losing out.
We take care of the paperwork and we know how to claim back the maximum amount of money possible, this includes the money you paid for PPI, the interest you paid on it and 8% simple interest for each year you had PPI. We are proud that our average client who has been mis-sold PPI is awarded over £5,400.
Even if you don't have any paperwork, can't remember if you took out PPI, have repaid your Loan, cancelled your PPI or received a Cash Back, if you took out your Loan between 2005 and 2013 we may still be able to help you claim back thousands of pounds.
To find out if we can help you make a mis-sold FSCS PPI claim and how much you could claim CLICK HERE