Claim Back Intelligent Finance PPI Before the 2019 Deadline

Posted on February 11, 2019 by Canary Claims Woman using a computer to claim back intelligent finance ppi

You still have time to claim Intelligent Finance PPI before the upcoming deadline. Use our helpful guide to make a claim, before it’s too late.

Now is the time to make a PPI claim, as the deadline is getting closer. The Financial Conduct Authority (FCA) announced that all PPI claims must be submitted to the relevant bank by 29th August 2019. With a dedicated website and hotline, it wants to make sure everyone is aware of the deadline and has plenty of time to make a claim. The FCA has reported that over 35,000 calls to the hotline have been made, as well as over three million website views since the campaign’s launch.

Since 2011, over £33 billion has been repaid to customers. There are still thousands of people who have not made a claim, meaning there is still unclaimed money. Could you be owed money from a PPI claim?

The mis-selling scandal may be coming to an end but with just seven months left to make a claim, consumers need to act now to reclaim Intelligent Finance PPI. You may be unaware that you bought PPI and no longer have the paperwork. Regardless, you could still be able to make a claim if you give yourself plenty of time.

Thousands of people have already made PPI claims — and you could be next if you were a customer of Intelligent Finance. Read our guide to find out if you were mis-sold Intelligent Finance PPI and how to get your money back.

How Did Intelligent Finance Mis-Sell PPI?

Intelligent Finance was founded in 1999 and is a division of Bank of Scotland, owned by the Lloyds Banking Group. Lloyds has been the biggest offender of mis-sold PPI, paying approximately £18 billion for the PPI mis-selling scandal. The banking group is currently receiving 13,000 PPI letters a week — this is 2,000 more than its projected figure of 11,000. PPI claims are keeping bank employees busy until the deadline in August.

If you bought a loan, credit card or mortgage with Intelligent Finance, you may have been mis-sold PPI. Employees were often not upfront about the fact that the insurance was optional and often didn’t ask the correct questions about employment and health. In the worst cases, PPI was added to products without the customer’s consent. This is why so many individuals are unaware that they ever had PPI policies.

How to Claim Back Intelligent Finance PPI

You can contact Intelligent Finance yourself to claim PPI, but we want the process to be stress-free. That’s why at Canary Claims, we can handle the whole case for you, from identifying PPI to contacting Lloyds on your behalf.

But, if you do want to make a claim yourself, the first step is to identify whether you had any PPI policies. If you have the paperwork from your account, look for ASU (accident, sickness, and unemployment) insurance. This is an alternative name for PPI used by many banks, including Intelligent Finance. Other names included loan care, card protector or insurance cover. If you’re not sure what something is on a statement, it could be PPI.

If you identify a PPI policy, you must explain how it was mis-sold to you. Do you remember this insurance policy being sold to you? Did they ask you the appropriate questions? Explain why when you contact the bank to submit your Intelligent Finance PPI claim.

Even if you no longer have the paperwork for the account, we will work hard to find out if you ever had any PPI policies. We will contact the correct customer service team and enquire if your account had PPI. If so, you will then be able to make a claim. We’ll keep you informed about your claim every step of the way during the process.

The most important thing to do is to start your claim as soon as possible. Since the PPI deadline was announced, more people are making claims. A claim can take up to six months, so the sooner you start the process, the sooner you can receive any money you’re owed.

If Intelligent Finance rejects your claim, you can appeal to the Financial Ombudsman (FOS). But, be aware that the FOS is dealing with a considerable number of PPI claims, meaning you could wait up to two years for your claim to be resolved with them.

Whether you had PPI policies with Intelligent Finance or another bank, we want everyone who thinks they could have been mis-sold a PPI policy to find out. Act now to see if you are due one or more refunds. There are just seven months to go.

Canary Claims is a leading PPI claims company. Why? We offer one of the lowest fees of 15% + VAT (18% Total) and work strictly a no win, no fee policy [Cancellation charges may apply only if the claim is cancelled after the 14 days cooling off period. The fee would be based on the work done at the time of cancelling at a rate of £120 per hour and up to a maximum total of £180] ! Talk to us today to claim your Intelligent Finance PPI before the upcoming deadline.