How To Get 1000s back In mis-sold PPI

PPI, or Payment Protection Insurance, in the last six years has been mis-sold by many large lenders.

These companies were hugely fined. If you happen to be one of the people that took out a  PPI, you could get 1000s back. There are two possible ways that your  PPI was mis-sold, the first being that you purchased it online, and the other is that you bought it in person or over the phone. If you bought it online, you will have a more difficult time getting your funds back unless the company you bought it from used pre-ticked boxes, which may have opted you out of the insurance.

If you bought it in person or over the phone, then the company was supposed to ensure that you understood all of the terms of the policy.

If you’ve been told that the insurance was a requirement by law, then it was mis-sold to you because it is not required by law. There are several steps in reclaiming your  PPI. The first is to check out your policy and locate your policy agreement. The second thing to do is to go through an insurance checklist to look at all the aspects of how the policy was sold to you, i.e. were you told it was a requirement of the law. The third step is to write to your lender and request a refund. The fourth step is to write a letter of complaint to the Ombudsman.

It is Possible To Claim Back All Your  PPI Yourself. Just Take A Look HERE.

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