What is PPI?

PPI (Payment Protection Insurance) is insurance that covers your repayments if you cannot meet them for any reason, for instance accident, injury or being made redundant from your job. Payment Protection Insurance may have been sold to you on any credit product including loans, credit cards, store cards, mortgages, car finance etc. It was mis-sold in many cases and you may be able to make a PPI claim to get your payments back!

PPI can add up to 40% onto your loan repayments and this is nearly all profit for the banks which is why they often wrongly pushed people into adding PPI to a credit agreement. In April 2011 the banks had a decision regarding the selling of payment protection insurance go against them and they have now set-aside billions of pounds for compensation payments. Lloyds TSB have set aside £3.2bn and RBS a massive £1.05bn to deal with PPI refunds. These are two examples which show the magnitude at which PPI was mis-sold to consumers across the industry.

Was I Mis-sold PPI?

You may have been mis-sold PPI if you can answer yes to any of the following questions:

     -   You didn’t ask for PPI but it was added to the policy regardless

     -   You were told that adding PPI was compulsory or that you had a better chance of acceptance

     -   You were not aware payment protection cover was optional

     -   You were Unemployed, Retired or Self-Employed when the protection was taken out.

This is not an exhaustive list and there may be other reasons why you should start up a PPI claim, fill in the form to the left and we will contact you to see if you have grounds to start a PPI Claim. See our PPI claims section for additional information.

The banks became increasingly devious when trying to add PPI to your loan so they may have given it a different wording to try and disguise it. This was mainly due to them giving large performance based bonuses to their staff for getting you to take out PPI cover.

Our PPI Claim Service

          -    Experienced and Friendly Claims Handlers

          -    We Handle all the Paperwork so you don't have to

          -    No-Win No-Fee - We don't get paid unless the claim is Successful

          -    Registered with the Ministry of Justice (CRM Number: 19966) 

          -    Average Claim takes 8 - 10 Weeks

See our about us section for more information about how to get your PPI Refund.