Payment protection scams

Hello.
Can anyone tell me if these payment protection promises I keep receiving by text and email are genuine? I mean, I know the ones I receive are probably scams, but is there any legitimate, and hassle free, way I can look into payment protection claims?
Thanks

Comments

  • Do it yourself as per many pages within this website, If you believe you have paid PPI write to said Company raise the issue and if genuine they will offer a payment to you directly.
  • Thanks Stevie.

    Literally write to the loan company with all my details? I've kept all of the agreements and such. Are they really that quick to return any money owed? (Sorry for going on a bit. I'm not too clever at things like this and I still don't believe i'll get something for nothing! I've only joined this site out of curiosity...).
  • Caroline76 wrote: »
    Thanks Stevie.

    Literally write to the loan company with all my details? I've kept all of the agreements and such. Are they really that quick to return any money owed? (Sorry for going on a bit. I'm not too clever at things like this and I still don't believe i'll get something for nothing! I've only joined this site out of curiosity...).



    It really is as simple as that and there is no need to use a claims co, Write a letter with all the details asking if there was any PPI listed as per layout below :-


    Date]
    [Your Name & address]
    [Name and address of PPI provider]
    FAO: Complaints Manager
    Dear Sir/Madam,
    Re: [insert credit reference number and the PPI policy number]
    I purchased the above policy from you on [date] in connection with the [mortgage/loan/credit card/store card/finance agreement] referenced above.
    I believe I was mis-sold this policy for the reasons given below, and wish you to investigate my complaint according to your normal complaint procedures.
    [insert one or more of the following bullet points – whichever points refer to you. Delete any which are not relevant]
    • I was not told that the insurance was optional.
    • I was led to believe my application for credit would be rejected if I did not take out the insurance.
    • The policy exclusions were not explained to me either before, or at the time, I took out the insurance. I was therefore unable to make an informed decision as to whether this insurance was appropriate for me.
    • I now believe the insurance was unsuitable for me as I was suffering from [insert name of any medical condition you had] at the time I took out the policy and was not made aware of the specific exclusion which relates to pre-existing medical conditions.
    • I now believe the insurance was unsuitable for me as I was [self employed / unemployed / in temporary employment / on a fixed term contract/retired] at the time I took out the policy and was not made aware of the specific exclusions relating to unemployment cover.
    • The policy was unsuitable for me as I was over the maximum age of [insert maximum age].
    • It was not explained to me that the policy premium would be paid upfront as a single premium and would be added to my debt and attract interest.
    • The insurance [has expired / will expire] before my loan/credit agreement ends which means I [am paying / will be paying] interest on a policy which is no longer in force. This was not made clear to me at the time the policy was sold to me.
    If my complaint is upheld I require a refund of all premiums paid to the policy, plus any additional interest charged to me because of the PPI.
    I would also like to claim statutory compensation in view of the fact that I have been deprived of the use of this money.
    Please now investigate my complaint within the eight weeks allowed to you.
    Yours faithfully,
  • That's excellent. Thanks a lot Stevie. I'll give that a try.
  • As easy as that! Thanks grumbler. I'm new to all this.....
  • Seanymph
    Seanymph Posts: 2,870
    Name Dropper First Post First Anniversary Combo Breaker
    Forumite
    It is indeed that easy - I was another disbeliever, and my OH got back over £7,000 from two companies.

    In one I didn't even know if he'd paid any! He mentioned a charge on his current account, so sent it to Barclays and within a couple of weeks he got the credit.

    Just send it in yourself - no point in paying someone to do something that will only cost you a stamp.
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