After the Judicial Hearing earlier this year, ruling in favour of the borrowers, who were mis-sold, or mis-led, into purchasing a PPI policy they did not need, reclaiming the money from lenders is a simple process.
Filing of complaints with lenders and the Ombudsman Office has been well beyond what the banks and the Ombudsman Office can handle. The banks have been ordered to repay all those claimants who were mis-sold on a policy, and, if you had filed prior to the Judicial Hearing, the courts have held that you can re-file your claim with your lender, or the Ombudsman Office for review of the rejection.
Whether you are filing a first time complaint, or re-filing, there is going to be lag time between filing and getting a response, due to the overwhelming number of claims which have been filed in theUK. But, make sure to file, in order to get back the money you are owed.
For More Information On PPI Go to PPI Freedom