Taking out Credit Agreements ( Credit Cards, Car Finance, Loans, Mortgages) is a daunting task, and one that leaves many with a dizzy head. From APR rates to repayment schemes and best fixed rates, you turn to your banks adviser to help you out.

Now this ‘not knowing’ to a bank adviser is an automatic red flag to sell you a loan that may not be in your best interest but primarily in the banks.

Banks will try and sell you policies that you do not want or need and will only serve to profit the banks pockets and most definitely not yours. Yet they will make it seem that this product will only serve to benefit you in the future, which it does not especially when we talk about Payment Protection Insurance (PPI).

Reclaims UK is working closely with The Armed Forces and one common theme we are seeing is that Soldiers do not know if they have paid PPI. Many also do not realise that being in The Armed Forces means that you should never have been sold any type of Payment Protection Insurance (PPI) policy, but we will get to that later.

Many of the Soldiers we have helped claim money back for had also tried to claim back themselves, but had been rejected on various basis but the main problem Soldiers face is that they do not have enough TIME to take on a case themselves. Soldiers have a very busy schedule, if they are not on Exercise, they are preparing for Tour, a lot will be on Tour and again the circle starts again.

So finding the time to handle their owns cases is a big problem for many of the Soldiers we work with. From the Initial Letters, to making sure a case is successful and finally chasing payment you could be looking at a lengthy process and a considerable amount of Time that Soldiers simply do not have.

Now the BIG reason why Soldiers should not have been sold PPI and why this means you are owed up to £16,000.

Being in The Armed Forces means that  you are covered in the same instances that PPI would cover you for. You are covered by your employer and therefore any PPI policy would be useless.

Banks knew this and continued to hard sell Soldiers the PPI policies that they themselves knew would be completely useless. This meant almost complete profit for Banks but would mean that Soldiers would be left severly out of pocket, as PPI would often be given as an extra loan which would be subject to further Interest Charges.

Banks would also inform Soldiers that PPI was compulsory and that without it they would not gain any type of credit agreement. This is completely false and is not only fraudulent but also mis selling of the highest form. PPI has no bearing on the outcome of a credit application and therefore the adviser who informed you of this was breaking the law, and means you have a PPI claim.

Many Soldiers do not know that being in The Armed Forces 100% means that you SHOULD NOT have been sold PPI and you are entitled to claim it all back.

Reclaims UK is working closely with The Armed Forces and has presented to Regiments across the UK and Germany, claiming back fast approaching £150,000 in 2012.

Again you can take on a claim yourself yet as mentioned Soldiers are very busy and if you would like us to look at your claim, please call our Freephone number to get your case started.

Reclaims UK- Your Claim In The Safest Hands.

PPI stands for Payment Protection Insurance (PPI) and is designed to cover a clients credit repayments in the event of Injury, Redundancy or sickness. Now this sounds like a very useful policy to have, yet millions of policies were mis sold and forced upon customers, who did not want or need a PPI policy to begin with.

Often customers do not know they are paying PPI, or were informed that PPI was compulsory and that without it they would not gain the credit agreement they had applied for. This is mis selling and one of the main reasons why the UK Banks lost the Judicial Review in April 2011.


Banks would often sell PPI policies to those who were in The Armed Forces or who were Self Employed. Both these occupations do not warrant a PPI policy as being in The Armed Forces means that you are covered by your employer and being Self Employed means that you are at more of a risk to claim than other occupations, so like car insurance it shouldn’t be offered.


However, banks knowingly sold to these two occupations and scammed consumers for Billions.


Finding out if you have paid PPI is the main question consumers will ask themselves. All they need to do is find any original agreements and see if they are paying PPI.


A lot of banks are rejecting claims and can often be a lot of work so it’s upto a consumer if they wish to take on the claim themselves, or use a claims management company.

Until there is a set procedure in place to make sure that payments are made days after receiving the final response, there will be no way of keeping track of when your case will be paid out, you just have to hope it will be sooner rather than later.

It has come to light that millions of people have been mis-sold insurance with their loans which includes credit cards, HP, and mortgages. Its one thing for banks and insuance companies to make bumper profits from trading floors we don’t really understand… but its an entirely different matter when the profits come from selling costly insurance to people who often dont know they are getting it and/or were told they had to have it and the icing on the cake is that if the claim on their policy they will not get a penny….