Making PPI claims is a basic legal right if you have been mis-sold a payment protection insurance (PPI) policy, and many thousands of people have already claimed successfully. Thanks to a High Court ruling the banks and other lenders are obliged to repay any fees on policies deemed to be mis-sold, and they have collectively set aside many billions of pounds in order to facilitate this. If you have a PPI policy it is essential that you check the paperwork as you may have a right to claim and with the average payment at around £2,750 – it’s definitely worth doing.
How the Saga Unfolded
A number of complaints about mis-selling of PPI were made some years ago and prompted an investigation into the subject. The upshot was that mis-selling was found to be widespread, and many high-street lenders were levied with heavy fines. Furthermore, the rules surrounding selling of PPI were heavily revised in order to protect the customer. To start your PPI reclaim today or to find out more about claiming compensation, simply fill out the form above.
Who can Claim?
Anyone who has been mis-sold a policy is legally entitled to claim back PPI fees, and many people have already done so. If you were sold a policy without your knowledge, or if you were not given a full account of your right to shop around at the point of sale, you have a right to make PPI claims and it has never been easier to do so. Thanks to the High Court ruling the banks are obliged to pay it back, and there may also be compensation applied in some cases.
How to Make a PPI Claim
There are many specialist solicitors who can provide the help you need in making a claim for mis sold PPI compensation, and you can find them online or advertising in the national press. Look or a no win no fee deal, and one offering a 25% + VAT fee and you are assured that you will not have to pay if your claim is not successful. To start your PPI claims today or to find out more about claiming compensation, simply fill out the form above.