If you have had a loan or mortgage, or any form of credit agreement, in the last few years then you are likely to have been sold a payment protection insurance policy to go with it. These policies have become the focus of the ongoing PPI claims scandal, the biggest such to hit the UK banking industry for some time. Anyone who has not yet claimed back the fees for mis-sold policies is strongly urged to do so, as there are billions of pounds put aside by the banks to cover such expenditure. Let’s have a look at things in more detail.
All about PPI Claims
It is estimated that over four million people have either claimed or are in the process of claiming, and many more are expected to do so. The figure put aside to repay mis-sold policies is in excess of £12billion at the time of writing and is expected to rise further. Making a claim has never been easier than it is right now. To start your PPI claims 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.
Can I Make PPI Claims?
As millions of people have already claimed back the money they spent on mis-sold policies the chances are you may be able to make a claim. You should have been advised of your right to shop around for the best deal possible by your lender, and overlooking this requirement is one of the most commonly seen examples of mis-selling. Many people were also sold policies that were of no use to them, and have also made successful PPI claims for compensation. The average repayment so far is around £2750.
The Best Way to Make PPI Claims
If you believe you have been mis-sold PPI you should contact a so0licitor with experience in the field, as this will give you the best chance of success. You should look for one offering a no win, no fee deal and you will not have to pay a penny in the unlikely event you are not successful. To start your PPI claims 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.