People Don't Know This Simple Way To Check If They Had 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 be entiteld to 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 never knew you had it.
PPI policies were often hidden within complicated finance agreements making the cost of the policy enormous. If you are unsure, the only way to find out if you have a claim is to check.
For years, no one knew about the scandal. 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 and the BBC both report that figure1.
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 £1,000s 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:
"I took out my loan years ago - Do I still have time to claim?"
Yes, there is still time to check for PPI.
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 is now here FACT! So we strongly advise you to use the FREE PPI checker right here and now, it only takes 1 minute and its 100% FREE.
The Financial Conduct Authority (FCA) have set the deadline, this is the regulatory body that monitor the banks. Many disagree with the deadline and think it is unfair, however it is here.
All claims need to be made by this date. After the deadline, no further claims will be accepted. If you do not claim by the deadline, you will not be eintitled to compensation - even if a policy was mis-sold to you.
"How do I find out if I've been mis-sold PPI?"
You could potentially sort through every bit of paperwork you've ever received for every 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.
Luckily, there's an easy way...
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:
GET YOUR FREE CHECK TODAY - CLAIM BACK WHAT'S YOURS
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.
"Banks braced for additional £22bn in PPI claim payouts" - FT.com
"Barclays adds £400m to payments" - The Guardian.co.uk
"PPI claims to rise again as FCA proposes deadline extension" - bbc.co.uk
"Serious risks of further financial services mis-selling, MPs warn" - itv.com
"A father from Essex has received over £82,000 for mis-sold payment protection insurance (PPI)" - moneysavingexpert.com
Step 1: Select your location below
Step 2: Complete the short form
Step 3: See if you have PPI to claim
By Gaynor Birchall | Money Advice & Help
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People Don't Know This Simple Way To Check If They Had PPI