PPI Compensation Claim
Do you have Payment Protection Insurance on a mortgage, credit card or loan? If so it may have been mis-sold to you.
If you have been mis-sold PPI, you may be eligible to claim it back and possibly write off any remaining balance.
At Claims National we are specialists in claiming back mis-sold payment protection insurance on behalf of our customers. If you think you have been mis-sold PPI, we can handle the whole process from start to finish. We will deal with your loan provider and demand the fair settlement that you deserve.
We can help you to claim back your Payment Protection Insurance if:
- you feel you were pressured into taking out PPI on a loan, credit card or mortgage
- PPI was added automatically when you increased or topped-up your loan
- you were told taking out PPI would increase your chances of being accepted for the loan
- you were self-employed or unemployed when you signed the loan agreement
- you repaid your loan before the end of its term or you did not receive a refund of the PPI
24 hr Claims Helpline 0808 168 5385
Payment protection insurance, also known as PPI, is a policy designed to help you keep on top of your payments on your loans and credit cards which can include insurance for illness, accident, redundancy and death. However, it has been discovered that millions of people have been mis-sold this policy, creating devastating financial problems for these people. However, Claims National is here to help you claim compensation for your mis-sold PPI.
The main reason for mis-sold PPI is that the staff selling the PPI policy did not explain the policy properly, or made it seem greater than the reality. PPI policies were commonly sold, offering the customer a pay out from the money you have paid out into the policy. However, many PPI policy holders found that in the case of needing this pay out, they didn’t receive the money promised.
In order to make a claim for your mis-sold PPI policy, you will need to provide all of the documents you have, as well as any copies of anything that may be relevant to the mis-selling of your PPI policy. This includes any documents proving that you taken out a PPI policy, as well as any evidence of the payouts you made.
First, you should speak to one of our specialised and dedicated solicitors who will advise you on how to make our claim for compensation, before assisting you in the process.
Then, you must write a letter to the provider who sold you the PPI and send it along with all of the documents you think may be relevant, and an explanation to why you think you were mis-sold your PPI policy.