What the Experts Say...

Have you ever borrowed money?If so – You may have been the victim of a“Protection Racket” *

Click here to find out what “GMTV” recently had to say about PPI

Payment Protection Insurance

“The latest financial services industry mis-selling scandal”

Tekram Goldberg can help you to get back what is rightfully yours - with interest

Call the PPI HELPLINE: 0870 777 3729

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PPI

What is PPI?

Payment Protection Insurance

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Over half the working population of The United Kingdom - & some of us who may not have been working at the time have been poorly advised to protect repayments on a loan against accident, illness or unemployment often without even realizing we have been signed up for this protection racket*

If you have a secured or unsecured personal loan, a credit or store card, a finance agreement for a new car, kitchen, conservatory, double glazing, etc. you could be a victim.

Alliance & Leicester? HFC Bank? Egg Banking? Liverpool Victoria Banking Services (Also T/A Frizzel Banking Services)? GE Capital Bank? Capital One Bank? Loans.co.uk? Redcats (Brands)? Hadenglen Home Finance? Land of Leather? -Are any of these names familiar to you?

They are among a list of lenders already censured and fined between £133,000 & £7,000,000 by The Financial Services Authority for persistent mis selling of Payment Protection Insurance.

"We have, on a number of occasions, set out clearly our requirements for the selling of PPI... we are extremely disappointed that some firms have still made little progress in improving their sales practices..."

"... We will now strengthen our action against firms who fail to treat customers fairly when selling PPI"

Clive Briault, Financial Services Authority Managing Director of Retail Markets

(FSA press release – 26 September 2007)

The Office of Fair Trading has estimated that the claims ratio for PPI (claims paid by insurers as a percentage of premiums paid by consumers) is as low as 15-20%. This is extremely low when compared with other general insurance products: e.g. Motor Insurance = 74%, Household Insurance = 55%

Total premiums can be more than 50% of the amount borrowed and 40% is quite common for example, if you have a loan of £10,000 we could help you to recover £4,000 + interest.

For a free impartial consultation simply call 0870 777 3729 & leave a short message or take a couple of minutes to complete the fields below.
One of our Senior Claims Advisers will then phone you at your convenience to establish whether you qualify to become a member of our happy band of satisfied clients.

*On 13 September 2005 Citizens Advice (CitA) submitted a Super-Complaint to The Office of Fair Trading about PPI. It was based on the CitA report Protection Racket: CAB evidence on the cost and effectiveness of Payment Protection Insurance

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