Are you one of the thousands of people who may be entitled to claim back PPI charges as a result of mis-selling? You may not know the answer to that question as the subject itself is fraught with confusion and complexity, but if you have taken out a loan, a mortgage, a credit card or bought anything on credit in the last ten years you may well be able to pursue a claim and take back some of the expenditure incurred.

How are you to know? To understand fully you need to know if you do, in fact, have any PPI policies in place, or if you have had any recently that may have expired. You may know PPI better as payment protection insurance – the full name – and this is the insurance policy that is taken out in order to make sure that you can continue to pay outstanding monthly repayments on a loan or credit agreement should you no longer be able to work. To find out more or to claim back PPI payments, simply fill out the 2 minute form or call us on 0800 840 72 91 and speak to a member of our team.

There are many different types of PPI agreements, and if you have taken out a loan you will most likely have signed up to one – often, as has been found latterly, without being aware of doing so.

Indeed, this is why so many people have started to claim back PPI charges, for the industry has been subject to great scrutiny of late and a major rewrite of the relevant regulations has been undertaken in order to protect the consumer from future malpractice.

If you were coerced into taking on a PPI policy supplied by a lender – without being informed that you had the right to shop around for a better deal – then you may be entitled to make PPI claims to get your money back. Similarly, should you discover that you are paying into a PPI policy you were not aware you had then you may also be able to claim. Legal cases involving people who have decided to claim back PPI charges are commonplace these days. The industry is bracing itself for many more as increasing numbers of people discover that they have been mis-sold policies that are either of no use or are far more expensive than others that may have been available at the time.

The heavy handed tactics once employed by many lenders – some well known high street brands – that led borrowers to believe they would only be given the required loan if they took a specific insurance policy have been outlawed; in truth, these tactics were always unlawful, hence the number of claims for refunds in progress.

If you think that you may be entitled to claim back PPI charges you must take care to put all of the relevant information together, and indulge in any advice that you can find – there is much on the internet, and there are many professionals who will help with your claim. If you’re a victim of PPI mis-selling or you want to find out if you can claim back PPI payments, simply fill out the quick and easy form or give us a call on FreePhone 0800 840 72 91 and speak to one of our friendly advisors.