Many borrowers who took out First Plus PPI (First Plus Payment Protection Insurance) with their First Plus Loans can now make mis-sold First Plus PPI claims. Barclays who owned FirstPlus have admitted they have already had to pay back over one billion pounds for PPI they mis-sold and that they may need to pay back a further billion pounds to borrowers, many of whom took out First Plus PPI.
First Plus Loans were usually for comparatively large amounts. Therefore, successful First Plus PPI claims can result in borrowers receiving compensation awards of over £10,000 and if they are still repaying their loan their monthly payments will be reduced substantially. Unfortunately, if your First Plus PPI claim fails you will lose your chance to receive several thousands of pounds.
However, you will not automatically receive compensation just because you make a PPI claim. To win compensation it must be proven FirstPlus mis-sold you PPI. People who try using template letters or reasons they find on the Internet to make their claims are disappointed when their claims are rejected. People often forget First Plus keep records including Loan agreements people signed requesting PPI was added to their Loan and recorded phone calls that can prove PPI was not mis-sold.
A Nationwide firm of Solicitors who specialise in PPI disputes has warned that 8 out of every 10 PPI claims are unsuccessful.
We specialise in FirstPlus PPI claims with many years of experience winning claims for mis-sold First Plus PPI. Our Company wins 99% of claims for clients who were mis-sold Firstplus PPI, some of our client's are awarded over £10,000.
We work on a completely No Win No Fee* commission only basis. This means we don't charge any upfront fees and if we do not win your claim you will not have to pay us a penny. So there is absolutely no risk of you losing out.
We will take care of all the paperwork, we know how to claim back the maximum amount of money possible from First Plus, this includes the money you paid for PPI, the interest you paid on it and 8% interest for each year you had First Plus PPI. We are proud that some our clients who were mis-sold FirstPlus PPI is awarded compensation of over £10,000.
Even if you don't have any paperwork, can't remember if you took out PPI with First Plus, have repaid your First Plus Loan, canceled your Firstplus PPI or even received a No Claims Bonus Cash Back, we may still be able to help you claim back thousands of pounds.
To find out if we will win your First Plus PPI claim for you and how much you could claim click the Green button below.