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Have you paid for your bank account? Make a claim.

Do I Qualify For PPI Compensation?

One of the most common questions we are asked is “do I qualify for PPI compensation”?

Below is a list of statements, and if any of them applied to you when you took out your mortgage, loan, credit card, car finance, hire purchase or store card, there’s a good chance you’ve been mis-sold PPI…

  • You worked less than 16 hours per week, or your job was not permanent
  • You didn’t ask to take out PPI
  • It wasn’t explained that the PPI policy was optional
  • You were told you had to have PPI in order for your loan / mortgage / card to be approved
  • You were not advised you could buy an alternative policy elsewhere
  • The PPI was added to your loan / mortgage / card without your knowledge
  • The full cost of the PPI policy wasn’t explained to you
  • You had existing medical conditions
  • You were not asked about your medical history
  • You were entitled to sick pay from your employer
  • You settled your loan / mortgage early
  • You replaced your loan / mortgage with another loan / mortgage
  • You had existing cover elsewhere

Banks and lenders were required to make sure you were eligible for PPI, that the policy was suitable, that you were aware you were taking PPI and that you were aware it was optional.

As the vast majority of PPI sales paid out a commission to the lender and salesperson, it is unsurprising that many tactics were used in order to ensure PPI was sold.

It is these illegal tactics, and yes it was ILLEGAL, that has led to the biggest financial scandal of the modern era.

Millions unaware they’ve had PPI!

With many millions yet to stake their claim, one of the biggest reasons is simply that people are unaware they’ve been sold PPI.

As I mention above, tactics were used in order to ensure customers took PPI, and a major tactic was simply placing PPI on a credit agreement without advising the customer, sometimes hidden away in the small print.

No account numbers needed

Not sure whether you’ve been sold PPI? Our fast and comprehensive checking systems that have been set up with almost all banks and lenders, allows you to find out whether you’ve been one of the millions who have had PPI.

The Process

Claiming PPI used to be a stressful and laborious job, dealing with paperwork and the tactics employed by banks as they try to wriggle out of paying compensation on valid claims.

Thankfully, by putting your claim in the hands of Your Money Claim, you can rest assured that our team of experts will build your case, and fight your corner every step of the way.

Start your claim…

Option #1: Fill in the ‘Start Your Claim’ form on this page. We’ll send you out a form in the post for you to complete. Once we’ve received the form back in the freepost envelope we provide, we’ll make a start on your PPI claim.

Option #2: Click the ‘Download Claim Pack’ button. Simply print out the form, complete it and send it back to us. Our address and email address can be found here.

Our experts are on hand to answer any questions you have via telephone, email or our live chat facility.

Do I qualify for PPI

Do I qualify for PPI

About the author

Daniel Lee

Company Director

10 Responses

    CLAUDIO says:


    Daniel Lee says:


    Thank you for your message. You can still make a claim if you’ve had credit with the two creditors you mention yes.

    If you’d like to look into this further, we’d be happy to discuss things with you.

    david says:

    ive had loans and cards from various lenders over the years and honestly cant remember all of them. ive no idea if any of them they added PPI. are you able to do a search and find out? and what about if the company doesnt exist anymore like Egg? thanks.

    Daniel Lee says:


    Thank you for commenting on our article. We are able to check with all of your lenders to see whether you’ve had PPI, and we can generally find out in 1-3 weeks.

    If you are unsure of the name of your lender(s) then a free and easy way to check would be via Noddle.

    If a company doesn’t exist, a claim can still be made.

    In the instance of Egg, many of the cards issued by Egg are now owned by Barclaycard so a claim can be made to them.

    I hope this has answered your question, but please feel free to contact us if you have any further questions.

    Francesca Birks says:

    Can I claim back for car finance taken out, my policy was with ge money they they moved it to Santander? It’s in my maiden name does that matter?

    Daniel Lee says:


    Thank you for your message. Yes you can make a claim for car finance. The fact that the finance was taken out in your maiden name would not matter.

    If it’s something you’d like us to look into for you further we’d be more than happy to do so.

    alison walker says:

    can i claim back money from welcome finance and hfc?

    Daniel Lee says:


    Thank you for contacting us. Yes, we deal with both HFC and Welcome Finance on a daily basis so this is definitely something we can assist you with.

    Diane says:

    How far back can you go for claims without any paperwork?

    Daniel Lee says:


    Thank you for your message above. There are no specific restrictions on how far back we can go. We go as far back as records exist, which in some cases can be back to the early 1980s.

    I hope I have answered your question.

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