Missold PPI Refund is £1000′s In Interest Alone

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) September 7, 2011 -- Consumers are being urged to check their loan, credit card and mortgage agreements by Fast Track Reclaim who are finding more and more evidence of illegal lending practices by banks and financial institutions.

Many of these agreements were executed with payment protection insurance (PPI) products tied to them, a practice which has now been outlawed by the Courts, allowing many wronged consumers to get a refund on this product from their lender.

Colin Hartness, MD of Fast Track Reclaim said ‘People are completely unaware of just how prevalent the practice of selling PPI was. We speak to hundreds of customers every week, many of whom were unaware that they even had the policy. Many people don’t realise that they can get their money back which they have wrongly paid out.’

Fast Track Reclaim have recently managed to claim over £18,000 in missold credit card ppi for just one client, Mr Sanderson of Durham. Mr Sanderson had paid £5,500 on premiums on his policy, and Fast Track were able to claim further monies of £13,000 relating to interest on the premiums that had been paid, due to the fact that Mr Sanderson had not been given any option to purchase this product independently.

Mr Hartness commented ‘We find that customers are often shocked and amazed at the amounts that can be reclaimed, and ppi claims such as Mr Sandersons are by no means isolated instances. We would urge anyone who feels they may have been misled by their lender to come forward to find out if they are entitled to a refund.

For more information visit: http://www.fasttrackreclaim.com

Name: Gemma Taylor
Company Name: Fast Track Reclaim
Telephone Number: 08454598895
Email: admin@fasttrackreclaim.com

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