30 March 2016
If there is one question that we are asked on a daily basis, it is this one: Do I Have a Claim for PPI Compensation? We do, of course, need some more details from you but, in the vast majority of cases, we are able to tell people that they are entitled to compensation.
The first step we take is to confirm that you do have a payment protection insurance (PPI) policy. This was an insurance product that was commonly sold alongside credit cards, loans, store cards, catalogue accounts, car finance and in some cases, mortgages too. However, with mortgages, the rules for protecting the account against default are somewhat different.
Once we have this information, either from yourself or by asking for details from your bank or other financial company, we are able to discuss in more detail how you were sold the policy.
There are many reasons why a PPI policy could have been mis-sold to you:
Once you have a firm idea that you have PPI and why you were mis-sold it, you need to contact your bank or lender and tell them you were mis-sold the policy - and you want your money back.
In most cases, PPI compensation cases run smoothly and are quickly and easily resolved. Some others take more work. Scottish PPI Claims can help you claim PPI compensation, no matter how complex your case. Contact Scottish PPI Claims today!