Beneficial Finance PPI Claim
PPI Claim Form
Have you ever had PPI with Beneficial Finance?
If you answer "No" to any of the below questions, there's a very good chance Beneficial Finance mis-sold you PPI:
Beneficial Finance should not have added PPI to your agreement without your permission.
Beneficial Finance should have given you the unpressurised option of having PPI.
PPI would not have been needed from Beneficial Finance if you had pre-existing PPI cover elsewhere.
Beneficial Finance should have explained the cost of PPI to you at the point of sale.
If over 50% of your PPI premiums were paid in commission to Beneficial Finance and this was not explained to you, the "Plevin" ruling means you were mis-sold.
Again, Beneficial Finance should have given you the option of having PPI or not.
Your right to cancel PPI within the cooling off period should have been explained to you by Beneficial Finance.
To start your Beneficial Finance PPI claim, follow our simple 4 step guide above.
My Claim Solved have had great success in reclaiming PPI for customers against Beneficial Finance and so far we have reclaimed over £42m* for our clients in PPI mis-selling.
If you were mis-sold PPI by Beneficial Finance, and the claim is successful, you would be entitled to a full refund of PPI premiums you paid to Beneficial Finance, a full refund of interest charged and compensation interest at 8% per annum on the above sums.
Don't Delay! If you would like to start your PPI Claim against Beneficial Finance, complete the form at the top of this page.
* PPI refunds obtained through our claims service, amount is prior to our fees plus VAT and any income tax.
Many customers were mis-sold PPI (Payment Protection Insurance) by Beneficial Finance, PPI was usually attached to a customer's policy by Beneficial Finance, in some cases without their knowledge. Beneficial Finance were known to decline a credit application if PPI was refused by the customer.
Beneficial Finance PPI wasn't all bad, it was intended to protect borrowers' from being unable to make repayments if they were unable to work due to illness or injury. The problem was how PPI was mis-sold by Beneficial Finance.
There are many examples of Beneficial Finance mis-selling PPI, some customers were not even made aware by Beneficial Finance that PPI was attached to their policy, and if the customer was made aware that PPI had been attached, they were not told by Beneficial Finance that it was optional.
A new PPI mis-selling factor called "Plevin", which means if over 50% of the PPI premiums you paid were set out as commission to Beneficial Finance, and this was not clarified to you at the point of sale, then you would be due PPI compensation from Beneficial Finance.