TOTAL-RECLAIM
PAYMENT PROTECTION INSURANCE
RECLAIM CASE STUDY
February 24, 2010.
COUPLE GET £16,000 WINDFALL FROM REFUNDS ON HIGH STREET LENDERS’ MIS-SOLD PAYMENT PROTECTION INSURANCE.
Total-Reclaim does not charge up-front fees.
IT Manager Wayne Brooker, 36, and his wife Vici Brooker, 30, a Personal Assistant from Maidstone, Kent, have received a refund of more than £16,000 in the past seven months due to mis-sold payment protection insurance (PPI) on nine different policies.
The money has been refunded following action by Total-Reclaim, which has pursued twelve PPI claims – three are still pending - following mis-selling over the past ten years by an assortment of high street lenders.
Between them they have had access to £85,500 of credit and paid it back in full – but with £16,166 of PPI added onto that sum – which amounts to 19% more than necessary to pay back.
Over the past decade Wayne and Vici have used credit cards and loans to manage the large events in their lives; marriage, buying their first home and car together, and having two children.
“Although we were aware that PPI had been added to our loans and credit cards, the lenders didn’t go through the due process with us at the point of sale – and therefore the insurance probably wouldn’t have paid out in the event of any claim,” said Wayne Brooker.
“Total-Reclaim was recommended to us by a friend and we were quite pleasantly surprised when we got a refund on the first loan policy. I urge people to check their loan and credit card agreements and see if they are in the same position as we were.
“I approached Total-Reclaim, filled out one form and left the rest to them – we had the first refund within months – it was a totally painless exercise – and on a no win, no fee basis, there was no risk.
“The refund couldn’t have come at a better time – we’re thinking of moving house this year.”
Around 20 million UK
The vast majority of people paying for mis-sold PPI do not realise they can reclaim their payments - the average refund and compensation is £1,800 - and many are still being sold PPI policies against which they could never make a successful claim.
Many have discovered the policy has been added to a loan arrangement without the customer’s agreement, and some have been told they cannot get a loan without taking out PPI.
Total-Reclaim is fully approved by The Ministry of Justice to handle legal reclaims on PPI debt refund, and does not charge up-front fees.
Ends
Further information:
07788 978800/07795 848586
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