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Scotland Wide PPI Specialists

What Can You Spend PPI Compensation On?

28 November 2016

For many people, the thought of claiming back a stash of their money is an opportunity too good to miss.

But it may leave you to wonder what you can spend PPI compensation on. Let's take a look at what other people have spent their PPI cash on;

#1 Holiday of a Lifetime

For many people, the chance of a cash windfall is a perfect excuse to spend some time away from home and for many, this means a holiday of a lifetime.

This could be a few weeks sunning themselves on far flung beaches, or enjoying the luxury of a cruise. Or, you may want to take you and your family on a winter ski trip or activity holiday.

If you don't think that your PPI compensation will cover it all, a weekend city break to a European city could certainly be within budget.

#2 New household appliances

Not everyone enjoys travelling, preferring instead to spend their money on updating their home. Many clients who have already claimed PPI compensation used their windfall to buy much-needed household appliances.

Fancy a bigger and more efficient washing machine? Or have you always dreamed of a new, fitted kitchen? By claiming the money you are entitled to, you could make some pleasant changes to your home.

#3 Enjoy gourmet dinners

When times are financially tough, we cut back on all kinds of things and for many people, this means shopping on a budget.

A significant percentage of people who claimed their PPI compensation said they enjoyed a no-holds-barred supermarket shop! You too, could enjoy gourmet dinners but, only if you claim the compensation to which you are entitled…

#4 Spending spree

If you enjoy shopping, just imagine how much more of a pleasant experience it will be to have cash in your pocket and no worries about how much you are spending. Indulge yourself with a whole new wardrobe, along with some great shoes (or a few pairs).

Have you claimed your PPI compensation?

If you haven't, then you won't be able to do any of these things. And with a PPI deadline of June 2019, the writing could be on the wall for all compensation claim for mis-sold payment protection insurance (PPI).

This means that once this date has passed, you won't be able to claim your money back - no holidays of a lifetime, no shopping sprees and no new household appliances.

We can help you claim PPI compensation - contact Scottish PPI Claims for a no obligation chat.