Mis-sold PPI Whilst in The RAF Can I Make a Claim?

Being in the RAF means that you should never have been sold Payment Protection Insurance (PPI) this is because PPI is designed to cover your credit repayments in the event of injury, redundancy or sickness and means that it will cover your repayments for upto 12 months from the date of the first claim being placed.

Those in the RAF are classed as Civil Servants and means that they should never have been sold any type of insurance policy that relates to covering a persons credit repayments on agreements such as car finance, credit cards, loans and mortgages.

This is because being in The RAF and being classed as a Civil Servant means that the job you are in will cover your credit repayments in the same events as PPI would cover you for, therefore PPI should never have been offered to anyone who was serving in the RAF.

I DONT HAVE ANY PAPERWORK CAN I STILL CLAIM?

 
Yes you can still make a claim if you were in the RAF when you took out the policy. We will not need any original loan/ppi paperwork to help you make a claim in fact we wont even need the original policy number. Simply tell us the name and address at the time of the loan, and who the loan was taken out with. We will do a full search on your behalf.

 

WHAT DO I NEED TO DO TO START MY RAF CLAIM?

 
Simply fill in the form on this page and we can begin processing your claim immediately. We work on a ‘No Win No Fee’ basis so you will not pay a penny unless your claim is successful. WE WILL NEVER ASK FOR AN UPFRONT FEE.

 

AM I TOO LATE TO MAKE A CLAIM IS THERE A TIME LIMIT?

Payment Protection Insurance and the scandal of the mis-sold policies by many high-street Banks and various other Lenders has now been rumbling on since 2009.  Over the last three years the Banks have been trying to get the Regulator “The Financial Conduct Authority” (FCA) to impose a time limit so that they can avoid paying out many billions of pounds in the future.  Up until now the Financial Conduct Authority has rebuffed the advances of the largest Banks in relation to this, telling the Banks that they must clean up their own mess and deal with the problem.

 

It has always been a problem for the Bank in that whilst they would like to impose a time limit, because they have not dealt with the Payment Protection Insurance complaints properly over recent years, and why a number of them have been fined and told to re-open cases – such as Lloyds Bank who were fined over £100million in 2015 for not handling 2.5 million claims correctly.  The main bone of contention has therefore been that if a time limit was to be imposed, the banks would have to be tasked with completing a marketing campaign and also deal with complaints satisfactorily.

 

However, recently the Financial Conduct Authority agreed to review this, and the review started in January 2015.  The FCA is due to present its findings in September or October 2015 as to whether the conduct of banks dealing with Payment Protection Insurance complaints can now be brought to a close by imposing a time limit, or whether the position remains the same and the banks have to deal with complaints as they have been into the foreseeable future.

 

Either way, it is essential that anyone who has not made a claim should do so, whether a time limit is placed on claims in the future or not.  The reason for this is that although we can obtain files from the various Lenders for periods in the 1980s and 1990s, some of the Lenders are now removing this privilege and therefore, any facilities that clients have had in these periods of time could well in the future not be made available, which would impact on any claim.

 

The Payment Protection Insurance scandal, at present, has cost the UK banks over £20billion which is rising by approximately £300million per month and is likely to do so for at least another two years taking into account the backlog of claims held at present with the Financial Ombudsman.

 

Payment Protection Insurance could easily have been added to any facilities that you may have had in the 1980s, 1990s and 2000s in respect of Loans, Mortgages, Overdrafts, Hire Purchase or Store Cards.  Therefore, whether you were aware of Payment Protection Insurance Policies (PPI) on these or not, or whether you have paperwork on these facilities or not, it is essential that a review is conducted so that at least you know.   Our firm works on a “No Win No Fee” basis and as such if there is no Payment Protection Insurance or, for some reason the facilities are too old to locate information, then there is no fee.

 

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