Loan Options PPI Claim
PPI Claim Form
Have you ever had PPI with Loan Options?
If you answer "No" to any of the below questions, there's a very good chance Loan Options mis-sold you PPI:
Loan Options should not have added PPI to your agreement without your permission.
Loan Options should have given you the unpressurised option of having PPI.
PPI would not have been needed from Loan Options if you had pre-existing PPI cover elsewhere.
Loan Options 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 Loan Options and this was not explained to you, the "Plevin" ruling means you were mis-sold.
Again, Loan Options 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 Loan Options.
To start your Loan Options PPI claim, follow our simple 4 step guide above.
My Claim Solved have had great success in reclaiming PPI for customers against Loan Options and so far we have reclaimed over £42m* for our clients in PPI mis-selling.
If you were mis-sold PPI by Loan Options, and the claim is successful, you would be entitled to a full refund of PPI premiums you paid to Loan Options, 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 Loan Options, 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 consumers were mis-sold PPI (Payment Protection Insurance) by Loan Options, PPI was usually added to a customer's policy by Loan Options, in some cases without their knowledge. Loan Options were known to deny a credit application if PPI was refused by the customer.
Loan Options 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 Loan Options.
There are many examples of Loan Options mis-selling PPI, some customers were not even made aware by Loan Options that PPI was added to their policy, and if the customer was made aware that PPI had been attached, they were not advised by Loan Options 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 Loan Options, and this was not explained to you at the point of sale, then you would be due PPI compensation from Loan Options.