Many people are still unaware if they can claim back PPI charges, and some are not sure how to go about it. A recent High Court ruling means it is your basic right to make a claim for PPI compensation if you have been mis-sold a policy, and it has never been easier to do so. So far more than four million people have either made a claim for mis-sold fees or are currently doing so, and the number is set to rise much further. Let’s have a look at whether you can claim your fees back, and how to do so.
Claiming Back PPI Explained
Payment protection insurance (PPI) is an insurance policy designed to cover the monthly repayments on a loan, mortgage or other credit agreement in the event of involuntary redundancy. It has been found that mis-selling of PPI has been widespread, and extends across banks, other lenders and retailers. 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 0800 840 7292 and speak with one of our advisers.
Can I Claim Back PPI?
If you have been mis sold a policy you are entitled to claim back the fees, plus compensation. Mis-selling has been found in many different forms, with some more common than others. At the point of sale of the loan you should have had your rights about PPI explained in full and you should also have been given time to look for your own deal, rather than taking that offered by the lender. In many cases where people are seeking to claim back PPI this did not happen, and it is a clear breach of the regulations
How to Claim Back PPI Successfully
By far the best way to claim back PPI charges is to use a solicitor. Look for one that has experience in PPI claims and that offers a no win no fee deal and 100% compensation guaranteed, and you stand the very best chance of success. It has never been easier to claim, so get things rolling right now. To start your PPI claim today or to find out more about claiming compensation, simply fill out the form above or give us a call for free on 0800 840 7292 and speak with one of our advisers