If you have been following the ongoing PPI claims saga you will no doubt be aware that it is a widespread problem. Indeed, it has been called the biggest scandal to hit the UK banking industry, but it is the consumer that has suffered the most. Many millions of people have already made a successful PPI reclaim for mis sold policy charges, and many more are expected to do so. The banks have, so far, allocated £13billion to pay back mi sold policy charges. Could you be entitled to claim? Read on and find out!
What is the PPI Scandal About?
The scandal is not about PPI itself, but about the way in which it has been sold to unsuspecting customers. Payment protection insurance (PPI) is a policy designed to pay the monthly repayments on a loan or mortgage if the holder is made redundant, and it was found that the strict regulations surrounding its sale were being routinely flouted. To start your PPI reclaim 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.
Have I Been Mis Sold PPI?
This is a question that needs to be answered, and it can be quite easily. When you were granted your loan you should have been told you could look for your own PPI policy. In many cases where a successful PPI reclaim has been made the customer was not given this right, and was instead sold a policy provided by the lender on the understanding that this was the standard procedure. This is one of the most common examples of mis selling and, if it happened to you, you have a right to claim.
Can I Claim Back PPI Charges?
If you have been mis sold PPI then yes, you can, and to get the best result you should use a solicitor with experience in claims law. Look for one offering a no win, no fee deal and you have the added bonus of no charges if you happen to be unsuccessful. To start your PPI reclaim 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.