Been Mis Sold PPI?
Mis sold PPI is a much more common instance than what it is thought by many people. There are numerous cases when consumers have been missold payment protection insurance along with their loans and/or credit cards.
There are different ways by which a mis sold PPI policy can be bought. You can check from the options listed below whether any of these apply to you.
- You were made to convince that the payment protection insurance was mandatory or that it would better your chances of getting approved for a loan
- PPI was added without your knowledge
- You were retired, unemployed or self-employed when you took the cover
- You were not told that PPI was optional or that it is possible for you to buy cheaper cover elsewhere
- You were not informed about the policy exclusions
If any of the above options is applicable in your case, you have the liberty of claim PPI back. You can easily do that online. The average claim is over £2000. Therefore, it makes good sense to go for it.