Are you owed thousands in compensation? You could be entitled to £3,000+ if you were mis-sold PPI...
The banks have been taking money from ordinary people for years. Now with PPI claims it is your turn to get the compensation you may deserve due to this unreported scandal.
What Is The PPI Scandal?
Payment Protect Insurance (PPI) is an insurance policy attached to loans, credit cards or mortgages to cover repayments in case of accidents or sickness. Sounds alright so far - but the scandal is that 45 million PPI policies were sold to customers without them knowing.
This means anyone who has taken out a loan, mortgage or credit card in the last 25 years may have been over-charged.
If you think you might have been mis-sold PPI, now there's an easy way to check... (FOR FREE)
Why Should I Check If I Have PPI?
If you were mis-sold PPI, it is likely you were never knew you had it.
Banks and lenders deliberately hid PPI policies within finance policies. If you are unsure, the only way to find if you have a claim is to check.
The banks hoped no one would find out. But now it's so easy to check for PPI for free, thousands of people are claiming the compensation they deserve.
You may have heard of PPI on TV, but did you know the average payout for claims is £2,750? That's not a random number - the Telegraph, BBC and the FOS all report that figure.
And that's just the average. According to the BBC, one woman earned up to £65,000 in a single claim. Some people have claimed over £100,000.
Since 2011 the big banks have paid out over £24,200,000,000 in PPI claims - that's £24.2 billion. However, over £44 billion PPI policies were sold. That means £20 billion is potentially up for grabs.
You could be owed £1,000, £2,750 or even £6,000 for a PPI policy you didn't even know you were paying for.
If you have taken out any of these account types, you may be able to claim part of that £20 billion:
- Bank loans
- Credit cards
"I Took Out My Loans Years Ago - Do I Still Have Time To Claim?"
If you have taken out a loan, credit card or mortgage between 1985 - 2008 you may still have a valid claim.
Some people have successfully reclaimed £1,000s for PPI policies sold to them in the late 1980's. So even if you haven't taken out credit for years, it is still worth checking for PPI.
However, time is running out... The claim deadline might be coming any day now.
The Financial Conduct Authority (FCA) have announced that they are planning set a deadline for PPI claims.
All claims need to be made by this date. After the deadline, no further claims will be accepted. The banks are relying on people not knowing this and running out of time to claim.
If you think you may have been mis-sold PPI - you should check for PPI for free today.
"How Do I Find Out If I've Been Mis-sold PPI?"
Your loan providers are banking on you not having the time or the know-how to process your claim before the deadline.
You could potentially sort through every bit of paperwork you've ever received for ever loan or credit card you've ever taken out - if you still have them...
Then contact every loan provider to see if you have a claim, providing you know who to get in touch with.
You could fill in this simple form to start your free, no obligation online PPI check.
Unlike claiming yourself, which could take weeks, this simple check has only 3 stages:
- Select your location from the map below
- Complete the easy-to-fill form
- Sit back and see if you have a claim
The PPI checker is no-obligation. This means if you decide you don't want to claim, you don't have to - no questions asked.
It's also free to check if you have PPI - so why not make a check for PPI?