How Do I Claim Back My Mis-sold Payment Protection Insurance?
The average mis-sold payment protection insurance (PPI) claim is in the thousands of pounds, and some receive as much as tens of thousands. If you took out a credit card, loan, overdraft, mortgage or other lending product before 20th April 2011, you are very likely to have been mis-sold payment protection insurance. The rules around PPI are complex, but generally you may have been mis-sold PPI if you were sold it without your knowledge, with the impression that it was not optional, with the impression that it would help the approval of your loan, or if you were unemployed or retired at the time of sale.
If you think you may be entitled to make a mis-sold payment protection insurance claim then you have two options. Firstly, you could contact your bank or other lender to make the claim yourself; an option which many regular members of the public find to be an intimidating and complicated process. The other option is to use experts at a claims management company for the ultimate in ease and convenience.
Perhaps the most difficult part of making a PPI claim is the assessment of whether you have actually been mis-sold payment protection insurance. The question is surrounded by complex laws concerning how long ago the lending account must have been active, what to do if the loan has since been paid off, and what to do if you were self-employed or retired when the payment protection insurance was sold. For many people, the correct documentation concerning the mis-sold PPI has been lost or destroyed, perhaps years ago. Everyone has different circumstances around their mis-sold payment protection insurance, and it can be difficult to find out if you are entitled to make a claim without any experience in financial law.
Claims management companies often offer a free, no-obligation assessment into whether you are entitled to make a claim. Carried out through a short and easy online form or in a quick phone call, you can find out for free whether you are entitled to make a claim in just a few minutes. They understand that you dont want to waste time and effort contacting lenders if you may not be entitled to a claim at the end of it.
Claims management companies dont only make the claims process easy, but convenient too. Allow them to handle your claim while you sit back and wait for your cheque to arrive. Reliable companies work on a no-win, no-fee basis, meaning you have nothing to lose with your claim but could receive a cheque for thousands of pounds.
ABC Claims Management can make a no-win-no-fee PPI claim on your behalf. Their friendly advisors will a give free no-obligation assessment of whether you are entitled to PPI, and if you are, they can deal with the claims process for you, allowing you to simply wait for your cheque to arrive.
Mis-sold payment protection insurance