About us
About us
Innovative Finance specialise in Payment Protection Insurance (PPI) compensation claims, helping our clients with PPI Compensation to claim back the money they may be entitled to from their mis sold PPI policy. Working in tandem with our partners Lawtrax Ltd, a specialist legal services provider, we get to the heart of your claim and ensure that every penny you may have unwittingly paid is refunded to you, often with interest.
Most payment protection claims companies investigate financial claims themselves without professional help from legal practices, or internal legal resource.
At Innovative Finance we recognise that payment protection claims can involve complex issues of law – best conducted by specialist solicitors. Our legal resource is internal. It’s one thing to claim the cost of any mis-sold PPI policy, however where we are different is that our in-house barrister and solicitors will often add £1,000s to your claim by seeking out hidden commissions and bad practices.
To do this work often requires the hand of trained solicitors, regulated by the Solicitors Regulation Authority. Whilst we carefully source the information and detail of your claim, our specialist payment protection claims solicitors pursue your claim: no win no fee.* They will not simply pursue the premiums you have paid on a useless policy, they will claim interest on monies spent, unlawful commissions improperly paid and sometimes will even apply to set aside a mortgage or loan wrongly entered into because the paperwork is illegal. By attacking the core issues we can ensure the maximum claim for the client as detailed below:
- Full PPI Compensation and return of the full PPI premium. The premium should never have been sold and we demand its’ return in full.
- Return of all payments towards the policy. Any payments made toward the policy must be returned. Interest on these payments is calculated at the same rate as the customer has been charged.
- Return of all commissions from the sale of the policy. The commission the lender has received from the sale of the policy must be returned in full.
- Return of any broker commissions or fees. If a broker has arranged the loan, any commissions from the sale of the loan and the PPI must be returned by the lender. Any broker fees must also be returned.
- Statutory interest on all the above amounts is charged at 8% per annum as allowed by law.
If you have been mis-sold a Payment Protection Insurance policy you may be able to claim for PPI compensation and get all of your money back. To find out more about payment protection claims and whether you have a case for a claim, complete our PPI claims enquiry form.
*Fee payable if PPI Claim case is not pursued at clients request.
