A Self employed builder from Hartlepool wins over £10,000 for mis sold Payment Protection Insurance Policies sold to him by Barclays Bank.

Over the past 10 years Mr Alberts (name changed to protect identity) had taken out four loans with Barclays Bank.

He needed the loans to help get his business started. He had paid off three of his loans but he had one loan still outstanding which he had taken out in 2006.

Mr Alberts had heard about Claims Companies being able to claim back Payment Protection Insurance  (PPI) if it had been mis sold. When MrAlberts took out his first loan, he was unaware that Payment protection Insurance (PPI) was optional and needing the loan badly he took the bank assistants advice which was if he took the PPI, he had a better chance of getting the loan.

Over the course of six years Mr Alberts continued to take out loans with Barclays Bank with the PPI (Payment Protection Insurance).

He instructed Reclaim Services to deal with reclaiming his ppi (payment protection Insurance) in April 2010 and received a refund on all four of his loans with ppi in July 2010 for all premiums paid plus interest with Barclays Bank.

A note from Reclaim Services- More and more customers we find are saying that they have been told they had to take out PPI (Payment Protection Insurance) to get the loan in the first place.

PPI (Payment Protection Insurance is an optional extra, in the case of Mr Alberts or any other self employed person, it is unlikely that a self employed person would be covered by a PPI policy and therefore the policy is mis sold.

If you believe you have a mis sold ppi (Payment Protection Insurance, contact us on 0800 8404034 or Complete the PPI Claim Form.
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Loan Refund 07/14/2010
 
loan refund
Recent Loan Refund

Lloyds Tsb loan refund £533
Lloyds Tsb loan refund £3690
Virgin Credit card ppi refund £828
Barclays Bank loan refund £2243
Yorkshire Bank loan refund £2059
 

Claim your Loan refund today

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If you've taken out a Loan in the past 10 years, you could be owed a refund

Reasons for Loan Refund

 
  • The Lender adding on PPI(Payment Protection Insurance) / loan Insurance without you asking for it.
    You were self employed when you took out the loan.
    The Lender not checking if you already had PPI cover elsewhere.
    You were unemployed/retired ot a student when you took out the loan.
    The Lender didnt explain that you could take cheaper loan Insurance elsewhere.
    The Lender increasing your Loan amount and adding Loan Insurance without your knowledge.
    You were told you had to take the Insurance to get the loan.
    You were pressured into taking out the Insurance.
    You were not aware the Insurance was optional.
    You were a public services employee when you took out the loan.
    You were told the Insurance was compulsory.

 Our services are provided on a no win no fee basis.
There are no upfront fees to pay or any administration fees or hidden charges.
There is no charge for an unsuccessful claim.
We charge 25% + vat on the amount that is won for the customer.
You have nothing to lose and everything to gain.

Phone us FREE 0800 840 4034

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 Read the full Story here http://news.bbc.co.uk/1/hi/business/8647097.stm
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