PPI Refund -Are you entitled to a refund ?
Payment protection insurance is a feature that may have been offered to you, when you were applying for a credit card, loan or mortgage. PPI is an insurance option that promises to cover a percentage, or all of your loan or credit card payment, if you found yourself in a situation of not being able to work, due to injury or illness, which was brought on by an accident, or by a former employee.
Over the past 10 years, a lot of information has been coming out about PPI, due to the fact; banks may have been a bit misleading when it came to signing clients up for this feature. Infact, banks lost a class action legal case, and now must settle payment claims to clients that have been mislead into signing up for PPI, or having it put onto their accounts without their knowledge. To date, millions of people have been affected by this scandal, and are now making payment claims.
Have you been mislead during this PPI scandal? The easiest way to find out is to go back, and read the fine print on your credit card, mortgage and loan applications. If this option is there, and it is something you did not ask for, or did not realise was on your loan agreement, you may be able to file a payment claim.
If you have a credit card, mortgage, personal loan or car loan financed within these past 10 years, a PPI may have been included there in your fine print, perhaps without your knowledge.
Or you may have been ‘bullied’ into signing up for this feature, by being told you had a better chance of getting financed, if you signed up for PPI.
By browsing PPI on the web, you can check out all of the facts involved, and if need be, you can start a payment claim right online. It is worth checking out.
For More Information On PPI Go to PPI Freedom