United Kingdom Rejected PPI Claims Solved By Claims Powers

June 10, 2013 - PRLog -- Investors with rejected PPI claims, especially in the United Kingdom, now have an ally in Claimspower.

This website offers a unique advantage in terms of providing payment protection insurance advice and assistance so that consumers don't have to spend too much for what they've already paid for. For those who are not familiar, PPI is basically credit insurance that enables people to collect debt payments from borrowers even if they are incapable of producing the needed finances, as in the case of unemployment, debilitation, and death. It is often provided by banks and private credit institutions as an add-on to the loan so that the buyers won't have to worry about the staggering interest rates brought on by missed dues.

Now, while it proves to be beneficial in theory, application is quite a stretch from the ideal since 60% of all PPI claims are initially rejected for reasons that aren't necessarily the owner's fault. Some of the providers tend to use ambiguous and generalized reasons to thwart people's claims and effectively keep them from asking follow-up questions. It is a sad reality. But unless you make smart choices and side with resources that live up to their repuation, you can never really assure yourself of positive outcomes from the trust you bestow.

Fortunately, there are still options you can go with to restore your right to the services you need. Rejected PPI with policies in place can be fought for with the help of ClaimsPower. And if things are set into motion within 6 months, you'd have a better chance at walking away a winner. ClaimsPower representatives will be dealing with the bank or lender on your behalf so your sentiments won't be held back by a complicated web of regulations and beauracracy. They will also prepare all the necessary paperwork and file it with the Financial Ombudsman so a proper ruling can be reached. From there, they will be monitoring the development of your case so you could immediately move forward with your claims the minute it is resolved. And as an added bonus, they can advice you with measures on how to prevent the same thing from happening again.

Sean Benson is among those that have benefitted from the intervention of ClaimsPower and he is more than satisfied with how they dealt with the problem. As he confirmed, they are among the few claims management companies that exhibit a in-depth knowledge on handling rejected PPI claims.

If you have the same concerns or are just curious about what other services this intitution provides, feel free to visit its website at http://www.claimspower.com.