Have you ever had PPI with Down Loans?

You could be owed £1,000s in Down Loans PPI compensation.

If you answer "No" to any of the below questions, there's a very good chance Down Loans mis-sold you PPI:

Down Loans should not have added PPI to your agreement without your permission.

Down Loans should have given you the unpressurised option of having PPI.

PPI would not have been needed from Down Loans if you had pre-existing PPI cover elsewhere.

Down Loans 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 Down Loans and this was not explained to you, the "Plevin" ruling means you were mis-sold.

Again, Down Loans 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 Down Loans.

How do I start my Down Loans PPI claim and what am I entitled to?

My Claim Solved have had great success in reclaiming PPI for customers against Down Loans and so far we have reclaimed over £42m* for our clients in PPI mis-selling.

If you were mis-sold PPI by Down Loans, and the claim is successful, you would be entitled to a full refund of PPI premiums you paid to Down Loans, 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 Down Loans, 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.

Down Loans & Mis-Sold PPI

Many customers were mis-sold PPI (Payment Protection Insurance) by Down Loans, PPI was usually attached to a customer's policy by Down Loans, in some cases without their knowledge. Down Loans were known to deny a credit application if PPI was refused by the customer.

Down Loans 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 Down Loans.

There are many examples of Down Loans mis-selling PPI, some customers were not even made aware by Down Loans that PPI was attached to their policy, and if the customer was made aware that PPI had been added, they were not told by Down Loans 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 Down Loans, and this was not revealed to you at the point of sale, then you would be due PPI compensation from Down Loans.

Other Providers Known for Mis-Selling PPI

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  • Address: My Claim Solved Limited, Tormohun House, Barton Hill Road, Torquay, TQ2 8JH

  • Phone: 01803 322 822

  • Email: info@myclaimsolved.com