PPI

1. http://www.ppirefund.co.uk

2. What is PPI? If you have taken out a mortgage, personal loan, or opened up a credit card in the last several years, you may have signed up for PPI and not even known what it is. But what exactly is PPI and do you really need it? PPI is short for payment protection insurance. Financial institutions sell it to their customers as an insurance that will protect them in case they lose their job or become ill and are unable to pay their loan. This type of insurance is sometimes called credit protection insurance as well as unemployment, accident or sickness coverage. So, how do you find out if you have this coverage and if you do, how do you go about getting your money back? At iSmart we will not only answer all of your questions, we can help you every step of the way in getting your claim submitted and your money returned to you. We will quickly and easily find out if you have been sold PPI on your loan and if you have, we will be able to find out the amount. We can assist you with all of the paperwork needed to receive your PPI refund and keep you informed of the status until you receive your money back. Banks have set aside money for customers who have been mis-sold PPI so it is worth finding out if you are entitled to it. On the plus side, banks have an obligation to tell you as a customer if you are entitled to any money. However If you believe you have been mis-sold PPI then you do not have to wait for the banks to contact you. The most important thing to do when taking our any loans or finance was to read the small print. Many people end up signing up for things they do not want or need. The small print and terms and conditions have the most important information about the product and it is important to analyse this information thoroughly to see if the deal is really worth it. Paperwork can be boring but it can save you a lot of money, especially when you are taking out loans and credit cards.

3. How do I check if I have had PPI? If you are unsure if you have been sold PPI with any of your finances then our Free Check will help you get that peace of mind. We will confirm with your lender if you were sold PPI and once they return the results we will then inform you of the outcome. iSmart have experience in handling PPI even when the cases are very difficult. Although The Financial Ombudsman service have guidelines available to banks and lenders, they do not always follow them. It is not uncommon for claimants to be underpaid and this is why we negotiate with the banks to refund their customers the correct amount of money. PPI has been mis-sold to millions across the country, if you are unsure if you have been sold PPI with any of your finances then it is important to check. We believe that millions of people have not claimed, because they don’t know they have it. The banks are not going to write to you and offer you your money back. You should also check your bank statements if you have already taken out a loan or credit card. If you think that you have been mi-sold PPI there are a range of products you should check. These include: Credit cards Loans Secured loans Car finance Overdrafts How do I check how much I can claim? The larger your loan was or credit card balance, the larger the PPI refund will be. We are talking an average of around £3000. In simple terms, you will not know until you are made an offer + interest, but it will most likely surprise you how big it is. If you are not sure whether you are entitled to file a claim, we can help. At iSmart all you have to do is complete the application on our Free Check page so we have the information we need to investigate this for you. You can either

4. complete the application online, or you can call us directly at 0800 862 0571 and we will be happy to assist you. Make sure that you include all of your contact information on the Free Check application. We will need your full name and address in order to send you the required forms needed to process the claim. We will also need the best phone number to reach you at in case we have any questions. Let us know all of the places that you took out loans, where you got your mortgage from and any credit cards that you signed up for. We will check each and every one to see if you have been signed up for PPI on your finance. When retrieving the information regarding whether or not you have possible PPI claims on your loans there are fees for this service. When you use the services of iSmart we will take care of those fees for you. If we discover that you do not have PPI on your loans there will still be no charge to you. And if we do find that you have PPI and you decide not to use our company to file a claim, you will still not be charged. Filling out the Free Check application doesn’t take long, but it may take up to 50 days to hear back from the lenders. They will have to go back into your customer records and check the history of your account from the beginning. As soon as they provide us with an answer we will let you know. When the results are forwarded to you, it is up to you to decide whether the PPI was mis-sold and if you would like us to handle the claim for you. You can also decide that it was not mis-sold and do nothing further. You may also decide to proceed on your own in which case we will provide you with the information and you can proceed from there. The PPI scandal has effected millions over the past 10 years but the majority of people who are entitled to compensation do not know where to start when it comes to making a claim. It is important to understand what you are paying for when you borrow money because there may be hidden fees. PPI