PPP is simply another name for PPI, and simply another name for a product that has allowed the unscrupulous lenders namely, Banks and Credit Card Companies’ to dupe millions of borrowers by overcharging for payment protection.

Even the Competition Commission has urged borrowers like you to fight for the refunds that you are due – it is your money after all!

Following an 18-month investigation the Competition Commission said that it had found “serious problems” in the sale of Payment Protection Policies, a product which is often sold alongside loans and credit cards to protect borrowers if they are unable to meet their repayments. It concluded that because lenders know that they have a near monopoly in selling these policies at the time of a loan or card application, they charge high prices at the expense of the consumer – and that means you.

The Competition Commission said that while General Insurance policies pay out on c.50% of claims, it found that Payment Protection Policies sold alongside credit cards pay out in c.11% of cases, rising to 15% for personal loan PPI.

If you think that the Banks have had it their own way too long and believe that you have a legitimate claim then let itpaystoclaim.com help you submit your claim. We will work non-stop to ensure that you get your cash and that the institutions at fault learn their lesson once and for all.