Billions of people in the UK have taken out a credit agreement through lenders or banks in the last ten years. As a credit agreement this could be either a loan or credit card, a mortgage or even store cards. If you have had any of this sort of credit, then you could have been mis sold PPI.
PPI is a payment protection insurance that comes in injunction to your credit or loan agreement to supposedly protect you and your repayments should you ever unfortunately become unemployed or be involved in an accident which would leave you out of work for a vast amount of time which would of course unable you to make repayments back to your lenders and banks. Whilst you are signing up for a loan, you may think payment protection is worth while to take for the “just in cases†in your life. But however secure you may feel about taking the PPI, it is actually very difficult to make a claim on should you ever be out of employment or be involves in an accident and this is what the credit lenders have not been explaining to their customers properly before they sign on the dotted line. This amongst others is indeed an example of mis sold PPI.
If you can think back to the day you took out your credit with a particular lender, did you remember taking out payment protection insurance and if so was it explained to you properly? Other examples of mis sold PPI have been that customers felt pressured into taking PPI out and some people haven’t even realised that protection was not compulsory and with this have now ended up paying a lot of money onto of their original loan amount just in PPI.
You could be one of many to be owed thousands of pounds back due to mis sold PPI. You could even claim the interest back too. So don’t delay, take a look at a credit statement, whether you have paid your loan off in the last ten years or still making repayments there will be something on your statement to let you know whether you have payment protection or not and if your still unsure, give your original lender a call who can let you know. To start a claim for mis sold PPI is easy to do and you should receive your refund within a number of weeks. Imagine what a bit of extra money could do for you and you have the right to fight for what you are owed so don’t hang around and be a victim of mis sold PPI any longer.
So if you have taken out a loan or credit card and think you could be entitled to reclaim PPI payments then speak to Canary Claims today and join thousands of happy customers.
