In the last six years, you might have taken out a loan.
If you did then you probably had a PPI tacked onto your policy without it being discussed with you. This was common for lenders to do; they just assumed that their customers wanted the insurance. The lenders didn’t look at the customer’s backgrounds or current situations to see if PPI policies were even necessary.
As a result many people that did not need the insurance protection were paying the price of the PPI that was impractical for them to even have.
If this sounds familiar then you are entitled to look into making a PPI claim. You might be entitled to a reclaim. It is up to the lender to prove that they offered the PPI to you in a fair way, if they cannot do this then it is highly likely that your claim will be approved and you will successfully get back the money you paid them back. Another plus to reclaiming you funds, is that you can also claim the interest that might have occurred had you placed that money into the bank over the years that you were paying into the PPI. So remember to check out your policy and see if you are owed funds.
It is Possible To Claim Back All Your PPI Yourself. Just Take A Look HERE.