Reports in this weeks media state that over 5 million UK families have payment protection insurance attached to a loan, credit card or mortgage.

Payment protection insurance has been in the headlines in recent times for all the wrong reasons as thousands of people have complained that they were mis-sold worthless insurance policies attached to personal loans, credit cards and mortgages.

Many people have complained that they were told by finance companies and loan advisors that their applications for credit would only be approved if they agreed to take out payment protection insurance (also referred to as PPI) on top of the money they were borrowing.

Finance companies and loan providers received big commissions for selling payment protection insurance and have now been deluged with thousands of complaints and have already had to hand back millions of pounds to consumers who have been mis-sold policies.

The process of making a complaint isn’t as simple as it may initially seem as many finance companies are trying their hardest to defend themselves to avoid having to make a costly payout.

There is also no way of consumers being totally confident that any money they are offered as compensation is the correct and fair amount, this can lead to consumers accepting an offer that is too low and undersettling their PPI claim.

Making a complaint can be hard work, time consuming, frustrating and often confusing, which is why Pinto Potts Solicitors recommend anyone looking to claim back payment protection insurance use their specialist no win, no fee PPI claims service.

By using an experienced Solicitor payment protection insurance customers can sit back and leave the complicated arguments and financial calculations to a PPI legal expert and when an offer of compensation is put forward claimants are safe in the knowledge that it will have been checked by a specialist before any recommendation to accept or reject is made.

Anyone looking to make a claim for mis-sold payment protection insurance should contact Pinto Potts Solicitors on 0800 316 4434.