PPI RECLAIM WINDFALL FOR HOUSE-HUNTER VICKY.

TOTAL-RECLAIM

PPI CASE STUDY

February 3, 2010.

PPI RECLAIM WINDFALL FOR HOUSE-HUNTER VICKY.

Vicky Griffiths, a 37-year-old quality assurance manager from Padgate, Warrington, has received a £1,823 windfall in time to consider a down-payment on a new home thanks to a refund of mis-sold Payment Protection Insurance (PPI) premiums.

The premiums have been refunded in full following action by PPI recovery specialist Total-Reclaim, based in Ellesmere Port and Warrington, which took action on Vicky’s behalf against a high street bank for mis-selling the PPI on top of two loans which totalled £9,500 - £1,823 of which was PPI.

“I wasn’t aware at the time I took out the loans in 2005 that the PPI had been added to the loan amounts – it wasn’t pointed out to me. You trust a high street bank to explain everything to you,” said Vicky Griffiths.

The Financial Ombudsman ruled that Vicky was mis-sold the PPI on top of her loan amounts, resulting in a refund.

“I seemed to be paying a lot of money every month and the loan amount was taking longer than I’d anticipated to pay off – of course I now realise that I was paying more than I needed to every month due to the added PPI amount,” said Vicky.

“I urge people to check their loan and credit card agreements and see if they are in the same position as I was.

“I approached Total-Reclaim, filled out one form and left the rest to them – I had my 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 and now we have some of the down-payment.”

Around 20 million UK households are paying for Payment Protection Insurance (PPI) policies, millions of which may well have been mis-sold.

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.

Ends

Further information:

Iain Macauley/Megan Codling

im@pressrelations.co.uk/mc@pressrelations.co.uk

07788 978800/07795 848586

www.total-reclaim.net