Below are the most frequently asked questions regarding PPI refund claims from our Clients which we hope you will find useful. If we have not answered any question you may wish to ask please call or send an email to us.
Q How Can Solicitors Work For Free?
A. Solicitors can Work For FREE if your lost your case. Quite simply NO WIN NO FEE on PPI refund claims means you do not have any financial worry instructing Solicitors. There is no need to go to any “middle man” or “claims company.” If court action is taken against the Banks or other lenders, only solicitors can recover legal costs from the so it may not cost you anything at all WIN OR LOSE. There is only one thing to do and see a professional firm of solicitors.
Q Should I Go To A Claims Company?
You have a free choice. But we ask why put your PPI refund claim to a Claim Company who are not Professional Solicitors? Quite often the Claims Company will refer your case back to us. We would also ask you to be wary of “up front charges.” Some Claims Companies will ask you for an upfront fee to look into your claim. We never ask for upfront fees on account.
Q Do I Have To Pay You Any Upfront Fees?
Absolutely not. We never charge you an upfront fee unlike other Claims Companies. As Professional Solicitors we never charge you any fee up front where there is a PPI refund claim. Often our Clients cannot afford to pay any fee and we certainly do not wish to money off them. We do not need to.
Q. What Can I Claim?
A. As your solicitors we can claim back the the cost of the Payment Protection Insurance (PPI) including the interest you have paid. If the loan falls under the Consumer Credit Act it is likely that if the PPI was mis-sold the Bank or lender will be unable to enforce the loan against you which means that the loan is effectively written off.
Q How Can The Loan Be Written Off?
A. When taking out a loan to buy a car, home improvements or just about anything there are strict laws on how the loan is sold, the interest rate applied (APR), total charge for credit, total amount payable, amount of payments, duration of the loan and details of charges to name but a few.
- Payment Protection Insurance (PPI) has been widely mis-sold. Alliance-Leicester has been fined a record £7 million pounds for breaches.
- Consumer laws are to protect you, the consumer, from unscrupulous practices. Cost cutting, inadequate training of staff, incorrectly adding charges, when selling Payment Protection Insurance (PPI) and over-reliance on computer software has made many loans completely unenforceable. By filling in the wrong part of the credit form, or omitting a part of it can result in you being able to refuse to pay the balance of the loan and demanding the return of what you have paid including interest.
- As expert Payment Protection Insurance (PPI) claims Solicitors we will look at your case and paper-work carefully for errors, mistakes and evidence of mis-selling. If we feel you have a claim for PPI refund and or writing off your loan, as your solicitors we advise you of your legal rights.
Q. Can I Really Have My Loan Written Off?
A. Yes, as specialist Payment Protection Insurance (PPI) claims Solicitors providing the Bank or other lender has mis-sold the policy and or has not completed the paper-work correctly you could be entitled to a wind fall pay out. To have the loan written-off the Consumer Credit Act must apply. As Solicitors we will advise you of your chance of success.
Q. Should I Refuse To Pay Back The Loan?
A. No. There are no guarantees. As specialist Payment Protection Insurance (PPI) claims Solicitors whilst we will advise you of your chance of success you should try to continue with your repayments until a settlement is reached.
Q. What Loans Do You Consider?
A. As specialist Payment Protection Insurance (PPI) claims Solicitors we cover all types of credit agreements, car loans, credit cards, mortgage payments, with or without PPI policies.
Q. Do I Need A Copy Of The Contract?
A. Do not worry if you do not have a copy. It helps if you do, but if not, as specialist Payment Protection Insurance (PPI) claims Solicitors we will obtain a copy of the loan agreement from the Bank or other lender.
Q. How Long Does It Take?
A. The average time Solicitors take to settle a Payment Protection Insurance (PPI) is usually between 6 - 9 months. However it can be quicker or longer as every case is individual.
Q. How Do I Claim?
A. In our opinion, as solicitors we estimate about 7 out of 10 loans sold with Payment Protection Insurance has been mis-sold for various reasons. If you have been sold a Payment Protection Insurance policy linked to a loan above £5,000 use our contact form, call us for FREE 0800 083 0626 or engaged our live online confidential chat facility (see top right hand side of this web site).
CAN I CLAIM?
To find out more on whether you are eligible please click here.
COMPANIES FINED FOR MIS-SOLD PPI POLICIES
The Financial Services Ombudsman has undertaken detailed investigations into the Mis-selling of PPI policies. There are various companies who have been fined for details see right hand side of this web page. If you have been sold a PPI policy from one of the companies or one that is not listed we would be happy to advise you on a possible claim.
R James Hutcheon Solicitors
The Heath Business & Technology Park
Runcorn
Cheshire
WA7 4QX
This Firm is regulated by the Solicitors Regulation Authority
Expert legal advice on repossession claims where PPI has been sold along side the mortgage or secured loan can mean not only obtaining a full refund of all PPI but it could mean that the entire loan could no longer be valid if the PPI was mis-sold and breached the prescribed terms of the Consumer Credit Act. A complete defence could be made out. The advice is not to suffer in silence and contact R James Hutcheon solicitors on a NO WIN NO FEE basis. There is nothing to lose and everything to gain.
Visit our main Web site www.hutcheonlaw.co.uk
We are taking on claims against all the main high street banks lenders for mis-selling PPI claim and refunds including Alliance & Leicester, Bank of Scotland, Barclays Bank, BlackHorse Finance, Halifax, HSBC Bank, Egg, First Plus, Lloyds Bank, Natwest Bank, Picture Loans, Natwest Bank to name but a few.
