The newspapers have been full of stories about the PPI claims scandal, but what do you know about it? Perhaps you are one of the many people who thinks they may be able to claim, but is unsure how to. So far an estimated four million people have made a claim or are in the process of doing so, and it is your right to claim if you have been mis sold a PPI policy. Read on for information on what mis sold PPI is all about, when you can claim, and how you can do so.
All about PPI Claims
PPI stands for payment protection insurance, and it represents insurance policies that are attached to a loan, a mortgage or other credit agreement. The policy is there to keep up the repayments on the loan in the event of involuntary redundancy. A recent investigation discovered that many such policies have been sold in a manner that was not permitted. To start your PPI claims today or to find out more about claiming compensation, simply fill out the form above and speak with one of our advisers.
Who Can Make PPI Claims?
Anybody who has been mis sold a policy is entitled to claim, and the banks have been ordered to put aside many billions of pounds to meet the costs. If you were not given a full explanation of PPI, or were not told that you had the right to look for your own policy, by your lender then you have been mis sold the policy. There are also many people – those already retired or self employed, for example – who were sold policies that were not suitable for them, and they can also make PPI claims for compensation.
The Best Way to Make PPI Claims
One method of making PPI claims is to use a claims company with experience in the field. You will find many who specialise in this area of the law, and you should look for one with a no win no fee package in order to be assured of the best results. Remember, it is your right to claim back mis sold PPI fees. To start your PPI refunds claim today or to find out more about claiming compensation, simply fill out the form above and speak with one of our advisers.