JPU

When discussing reasons why the high courts rule in favour of the borrower in mis sold PPI claims, one of those reasons is failure on the part of the lender to advise that the consumer can choose his or her own PPI cover. Lenders will try to push PPI providers as they stand to gain something from it, but there is no reason why the borrower cannot choose their own provider. This is one of the more common reasons why the courts are ruling in favour of the borrower.

It isn’t difficult to understand why a lender would try to rule out competition in PPI providers but even so, it is not legal to do so. Payment protection insurance claims specialists are winning claims against PPI in growing numbers because the lender failed to advise the borrower that the choice of PPI providers rests in his or her hands. As well, no one can tell you that you must buy PPI so if you do, you can use the insurance company of your choice since it is your investment you are protecting. Online PPI claims specialists can discuss your options with you if you find that you need to request a refund on a mis-sold PPI cover.