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you feel you have been a victim of being mis-sold ppi it’s possible to ask for a refund of the premiums paid from your lender. However Zack Steffen USA Jersey , this depends on the length of time you had the loan for, if this was a considerable amount of time, you may be looking to claim back many thousands of pounds in compensation. Up to present, approximately, thousands have claimed for their mis-sold ppi and if you think you also have been mis-sold Walker Zimmerman USA Jersey , and then you will be able to claim the money back.


There are lots of reasons why a payment protection insurance policy could have been incorrectly sold to you. As an example, you’re a customer and you experienced pressurized to purchase the insurance at the same time as the loan. This may have been because the sales representative said that in order to get a loan; you’d have to purchase the insurance from the lender. If this was the case, then this unfortunately has been mis-sold ppi to you, and you may rightly put in a claim for a refund. Furthermore, there can be a case where mis-sold ppi has been made to unemployed Timothy Weah USA Jersey , self employed, retired or with pre existing medical condition. Most payment protection insurance policies don’t include these conditions; therefore, if you’ve been mis-sold ppi on any of these bases, you should start to make a claim.


When taking out the initial loan, you may have been completely unaware that the sales representative had added the payment protection insurance plan; if this has been completed without your knowledge then you have been mis-sold ppi policy. This could have arisen due to competitive sales environment that promotes commission based sales. A sales representative would sell ppi so they can achieve their personal sales targets Tim Ream USA Jersey , they may have been under pressure to sell some policies daily, in these circumstances they can have added the ppi without telling you, and clearly this is an underhand way to go about the sales procedure.


In other situations, this may also have been the case that the ppi was not merely mis-sold, but also overpriced. Another situation is where a customer isn’t told that they might purchase the insurance elsewhere if they wanted to. Also a situation can arise when the lender does not check and make sure ppi was right to their demands and circumstances.


Harry Tomas blogs about Mis-sold-ppi and other financial products for British based site www.PPIClaimsUK.co. He also lifts the lid on unfair loan charges and the financial claims industry generally Tim Howard USA Jersey , in addition to writing articles on personal finance, house sales, repossession and business finance.

Project Management Handles Several Issues


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Concurrent Issues Of Project Management