PPI - Did you need or want it?
07 May 2015
Are you thinking of claim compensation for mis-sold PPI?
If you are, you may decide you want to know more or need some
help with the process. Although some articles and press attention
give claim management companies a bad name, there are many
excellent ones out there - and Scottish PPI Claims is one of the
leading, highly reputable claim handling company.
We have a very high success rate in helping people claim
compensation for mis-sold PPI and this is because we work with all
our clients, using a thorough assessment process, to understand if
the client has a case or not.
How to test the water - do you have a PPI compensation
Even though PPI was mis-sold to thousands upon thousands of
customers, this does not mean that everyone is entitled to make a
claim as, the product may not have been mis-sold to every
However, having run that note of caution, it does have to be
said that, in the vast majority of cases, people are entitled to
make a claim.
How were you sold PPI?
- Can't remember?- this is not necessarily a bad thing as this
could mean that you were unaware that you had been 'sold' the
policy but it certainly means that the policy, and what it could
and could not offer you,was not adequately explained
- Impressions- in some cases, customers have a vague recollection
of being sold the policy but that it was almost anautomatic
purchasethat went with the product they were buying. Other
customers were given the impression that they had to buy it or, for
their loan application etc. to stand a better chance of being
approved, that they needed this PPI policy
- Explanations- in many cases, people did not have the policy
explained to them and one area that many people did not realise was
a problem was that any current or past medical conditions were
unlikely to have been covered under the policy
- One or two? - in some cases, the loan was in the names of two
people as commonly happens in partnerships and marriages BUT, the
PPI policy covered only one spouse and, would you know it, when or
if someone tried to claim, the policy covered the other
How do I make a claim?
You can do this in 1 of 2 ways:
- Contact the bank direct, tell them you were mis-sold the policy
and that you want compensation
- You can ask Scottish PPI Claims to become involved (we do
charge a fee for our service) and we can do it all for you… all it
takes is a phone call.