Have you been mis sold PPI? Are you looking to claim but are unsure how to go about it? Over four million people have claimed so far, with an average payout of £2750, and there could be a similar amount waiting for you! Payment protection insurance is the subject of a major scandal, and it is costing the banking industry billions of pounds to put right. It has been decreed that you have a basic right to claim if you have been mis sold a policy, and it has never been easier to do so.
The Mis Sold PPI Scandal
Payment protection insurance (PPI) is a policy attached to a loan, mortgage or credit agreement. It is intended to keep up the agreed monthly repayments should the holder be made redundant involuntarily. The problem is that many lenders were routinely flouting the regulations when selling policies in order to maximise profit. To start your mis sold PPI claim today or to find out more about how to claim back PPI, simply fill out the form above or give us a call for free on 0800 840 7292 and speak with one of our advisers.
Who Can Claim for Mis Sold PPI?
Anyone who can prove they have been mis sold PPI is entitled to claim back the fees. There are many instances of mis selling, but the most frequent is where the lender implied that, in order for the loan to be granted, the customer needed to take their own branded package. In fact, they should have been given a few days in which to scour the market for the best priced and most appropriate PPI deal. If this happened to you then you can make a claim for the fees on the policy to be returned.
How to Claim for Mis Sold PPI
The best way to claim for mis sold PPI is to seek the help of a solicitor with expertise in claims law. Many offer excellent no win no fee deals where you are not asked to pay in the unlikely event you are not repaid, and some will also guarantee you receive 100% of the compensation awarded. To start your PPI claim today or to find out more about how to claim back PPI, simply fill out the form above or give us a call for free on 080840 7292 and speak with one of our advisers.