CALL US ON 0203 747 3247*

News

Don’t Get Lost In The PPI Jungle

Man lost in PPI jungle.

Follow Our Claims Facts List To Get Back Money You Could Be Owed

FACT

  • PPI (payment protection insurance) dates back as far as the 1960s.
  • As many as 64 million PPI policies were sold in the UK between 1990 and 2010, many without checking the customer’s eligibility or without their consent. Some were systematically overcharged.
  • More than £33bn has already been paid to people who’ve complained about the sale of PPI.

 

Know if you’ve ever had PPI before it’s too late

You may have had PPI if you ever took out a loan or had any of these products:
  • Loans – these include personal loans, student loans or business loans & overdrafts
  • Catalogue purchases bought on credit
  • Car finance – often called a ‘finance agreement’ or ‘hire purchase’
  • Buy Now Pay Later deals on a sofa, cooker, dishwasher.
  • Home improvement loans additional to mortgage
  • Store cards Mortgage, including additional borrowing

You are eligible to claim PPI if:

  1. PPI was mis-sold to you
  2. The bank or provider earned excessive commission from the sale of PPI but didn’t tell you.

 

source: https://www.fca.org.uk