Have you ever had a loan or credit card with Ocean Finance?

You could be owed £1,000s in Ocean Finance PPI compensation if you were mis-sold.

Many consumers were mis-sold PPI (Payment Protection Insurance) by Ocean Finance, PPI was usually added to a customer's policy by Ocean Finance, in some cases without their knowledge. Ocean Finance were known to disapprove a credit application if PPI was refused by the customer.

Ocean 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 Ocean Finance.

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

* PPI refunds obtained through our claims service, amount is prior to our fees plus VAT and any income tax.

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

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  • Email: info@myclaimsolved.com