Claim Back PPI Against Your Bank
Payment protection insurance (PPI) is one of the hottest subjects in the consumer finance world, but for all the wrong reasons. The scandal that surrounds this product is rated as the biggest ever to have affected the UK banking industry. So far, millions of people have put in a claim for PPI compensation and many have been successful – with an average payout of £2,750 – and the banks and other lenders have been forced to make available over £18billion to meet the expected total repayment level. Can you claim back PPI fees, and if so how do you go about it?
Payment protection insurance is an insurance policy that is there to cover your monthly repayments on a loan, a mortgage or any credit agreement. It will come into play in the event the holder is made redundant against their will. The problem is that many such policies were illegally sold, and in many different ways. To start your PPI refunds 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 and speak with one of our advisers.
Can I Claim Back Mis Sold PPI?
If you have taken out a credit agreement of any card in the past few years, the answer to this question may well be yes. At the time you were granted your PPI policy you should have been given a full explanation of what PPI is all about, and you should also have been given a few days in which to scour the market for the best possible deal. In many cases where people claim back PPI this did not happen, and the customer was simply sold a package by the lender with no explanation.
Claiming Back PPI
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 and speak with one of our advisers.