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PPI CLAIMS DEADLINE
29th Aug 2019

BeSavvi Loans PPI Claim

BeSavvi Loans PPI Claim

YOU COULD BE OWED £1,000s IN PPI COMPENSATION ON YOUR BESAVVI LOANS LOAN


BeSavvi Loans provide unsecured loans for any purpose, with repayment periods of up to five years. The APR will vary depending on individual circumstance, with the loans only available to UK residents over 25 years old who meet the required income.

BeSavvi Loans are provided by the UK branch of Hitachi Capital, part of the Japanese tech giant’s business.

What Is Loan PPI?

Many loan providers sold Payment Protection Insurance (PPI) to their customers over the last 20 years or so. The policy was meant to act as a safety net to protect borrowers from falling into arrears if they ever stopped working because of sickness, an accident or if they became unemployed, the policy would cover their loan repayments.

PPI can be and is a useful product if sold and used in the right way. However lenders found that selling PPI with a loan rather than a credit card for example, was much easier, because of the size and length of a loan.

PPI was mis-sold by banks and lenders on a huge scale over the last few decades, with over 60 million policies being sold from 1990 onwards.

Many millions of people were sold PPI without knowing they had done so. The result is many people are entitled to compensation – provided they can prove that the PPI was mis-sold to them.

PPI and its mis-selling has become the largest financial scandal in the history of the UK finance sector.

Grounds on Which Loan PPI May Have Been Mis-sold by BeSavvi Loans

There are several ways in which BeSavvi Loans PPI was mis-sold. Lots of people took out PPI cover with their loans believing that it boosted their likelihood of being accepted, or that the policy was a necessity. However, there are many other ways it may have been mis-sold:

  • Were you aware that BeSavvi Loans had added the PPI insurance to your loan?
    • If you had no idea you had it, you may have been mis-sold.
  • At the time BeSavvi Loans sold you loan PPI, were you unemployed, retired or a student?
    • If so, you may never have been able to claim on the policy, so it could have been mis-sold.
  • If the policy costs weren’t listed separately by BeSavvi Loans to the loan advance, you may have been mis-sold.
    • BeSavvi Loans was required to list the costs separately.
  • Was any information provided by BeSavvi Loans about alternative policies?
    • If not, then you may have been mis-sold, because there may have been cheaper and alternative cover elsewhere.
  • Were you informed by BeSavvi Loans about any exclusions?
    • For example, if you had any pre-existing medical conditions, the cover may have been voided, therefore you could be classed as being mis-sold.
  • Loan PPI is an optional product so not compulsory, did BeSavvi Loans make this clear?
    • If BeSavvi Loans told you it was required in order to secure the loan, or you felt pressured in any way to taking out loan PPI, you might have been mis-sold.
  • Were any checks done by BeSavvi Loans to determine if you had any existing PPI policies?
    • If not, you may already have been fully covered, so were mis-sold if they failed to check.
  • Did BeSavvi Loans check if your employer provides full sick pay?
    • If no checks were done and you are entitled to full sick pay, your loan payments would have been covered rendering the loan PPI unnecessary.
  • When discussing your BeSavvi Loans loan application, did you feel pressurised into buying PPI?
    • When taking out PPI BeSavvi Loans should have made sure you were happy with the deal, instead of having it forced on you. If any pressure was placed on you to take out a policy you didn’t require, you may have been mis-sold loan PPI.

What Do I need to Start My PPI Claim with BeSavvi Loans?

Start by finding your paperwork with evidence of mis-sold PPI. You will need this to make a claim. If you no longer have the paperwork, don’t worry we can find out if you had PPI on this or on any previous finance products and/or accounts.

If you notice that your account had PPI attached to it, think back to when it was sold to you. Can you remember when or why you agreed to it? Were you informed that it would be added?

If you can’t remember please don’t worry, we can check if you had PPI with your BeSavvi Loans loan for free.

How to start your PPI claim with BeSavvi Loans?

To get your PPI claim underway we’d like to discuss the details of your case with you, so your complaint can be lodged with BeSavvi Loans on your behalf as quickly as possible.

  • To start your PPI claim we first need to establish if you had PPI on your BeSavvi Loans loan account. To start your Free PPI check with BeSavvi Loans complete our online form with your contact details.

What If my PPI Claim Has Already Been Rejected by BeSavvi Loans?

If you have raised a previous PPI complaint with BeSavvi Loans which was not upheld, you are now be entitled to raise a further complaint relating only to the commission charged under the new Plevin ruling on your PPI policy, please complete our online High Commission PPI Check check.

Loan providers facing PPI claims:

The following is a list of loan providers who are known to have sold PPI. Please note this is not an exhaustive list.

118 118 Money Loan PPI Claim

1Plus1 Loans PPI Claim

1st Stop Personal Loans PPI Claim

AA Loan PPI Claim

Amigo Loan PPI Claim

AvantCredit Loan PPI Claim

Bank of Ireland Loan PPI Claim

Bank of Scotland Loan PPI Claim

Barclays Bank Loan PPI Claim

BumbleBee Loans PPI Claim

Cahoot Loan PPI Claim

Clydesdale Bank Loan PPI Claim

Consollo Loan PPI Claim

Creation Loan PPI Claim

Creditplus Loan PPI Claim

Danske Bank Loan PPI Claim

Derbyshire Building Society Loan PPI Claim

First Direct Loan PPI Claim

Fluent Loans PPI Claim

George Banco Loan PPI Claim

Glo Loan PPI Claim

GuarantorUs Loans PPI Claim

HSBC Loan PPI Claim

Halifax Loan PPI Claim

Hitachi Capital (UK) Plc Loan PPI Claim

Lending Works Loan PPI Claim

LendFair Loan PPI Claim

Lloyds Banks Loan PPI Claim

M&S Banks Loan PPI Claim

Madiston LendLoanInvest Loan PPI Claim

Metro Bank Loan PPI Claim

Moneyway Loan PPI Claim

My Car Credit Loan PPI Claim

Nationwide Loan PPI Claim

NatWest Loan PPI Claim

Ocean Finance Loan PPI Claim

Pareto Loans PPI Claim

Post Office Loan PPI Claim

Quid Cycle Loan PPI Claim

RateSetter Loan PPI Claim

Royal Bank of Scotland Loan PPI Claim

Santander Loan PPI Claim

Sainsbury’s Bank Loan PPI Claim

Smile Loan PPI Claim

SUCO Guarantor Loans PPI Claim

TFS Loans PPI Claim

TSB Loan PPI Claim

Tesco Bank Loan PPI Claim

The Co-operative Bank Loan PPI Claim

TrustTwo Loan PPI Claim

UK Credit Loan PPI Claim

UK Trust Loans Loan PPI Claim

Ulster Bank Loan PPI Claim

Yorkshire Bank Loan PPI Claim

Zopa Loan PPI Claim

Zuto Loan PPI Claim

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IMPORTANT NOTICE!

WE ARE NO LONGER ACCEPTING NEW PPI CLAIMS!

The PPI deadline has now passed and we are no longer accepting any new PPI claims.

Please be assured, if you have already enquired about a PPI Claim with Money Management Team Limited we are processing your enquiry and will update you as your claim progresses. If you need an update in the meantime, please contact us.

You can pursue your own claim direct to the firm to obtain a refund. You can do this for yourself at no cost and then use the Financial Ombudsman Service or Financial Services Compensation Scheme (FSCS) which are both FREE.

£Millions Remain Unclaimed!

Important Information


Your PPI Claim starts with a Free PPI Check service.
Our PPI Claim fee of 20% + VAT (so 24% of the total redress offered by your lender) is payable if your claim is successful. That means if we don’t recover you anything, you don’t pay us a penny.

You can submit a claim directly to the lender yourself for no charge. You can also approach the Financial Ombudsman Service and Financial Services Compensation Scheme for free to review your case, providing it falls within their remit and you have approached your lender first.

Our Fees

Your PPI Claim starts with a Free PPI Check service. Our PPI Claim fee of 20% + VAT (so 24%° of the total redress offered by your lender) is payable if your claim is successful. That means if we don’t recover you anything, you don’t pay us a penny