If you are trying to find out if you can claim back mis sold ppi you will first need to identify credit agreements that you might have ppi insurance on. PPI is usually sold alongside Loans, Mortgages & Credit Cards. If you have taken out any of these in the last 6 years you might be entitled to compensation. If you are trying to figure out if you are a victim of mis-selling you will need to recall exactly how it was sold. You could be entitled to claim back mis sold ppi if you did not need, want or ask for. If you fall within any of these categories you will be able to reclaim the premiums you paid towards the policy plus 8% interest. If you were sold PPI in the last number of years there is a strong possibility that you would have been ripped off.
Can you answer yes to any of the following?
- You were told it was compulsory at the time of sale.
- You were self employed when you were sold ppi.
- The terms and conditions of the policy were not explained to you
- You were led to believe you had a better chance of securing the credit if you took the policy
- Details of your medical history were not asked during the sale
- You were pressurised into taking it.
- You were working part time or on contract work when sold it
If you have answered yes you could be entitled to thousands of pounds in compensation. Even if your concern about mis-selling is not listed above you could still have a case. There are many other ways in which you could have been ripped off. If you contact us a dedicated professional will review your case in detail with absolutely no obligation. You may be entitled to thousands of pounds in compensation and you might not even know it.
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