What is PPI?
What is PPI?
PPI stands for Payment Protection Insurance and was designed to cover your monthly repayments on credit agreements if you were unable to work because of sickness, redundancy or an accident. You could be covered by PPI on a number of monthly repayments such as mortgages, loans, car finance, credit cards or store cards.
Why does PPI have a bad reputation?
PPI often gets a bad name because banks and financial providers were offered huge profits for selling it, therefore this tempted them to frequently mis-sell it to consumers. This, alongside weak regulations, meant millions of policies were added to finance agreements unlawfully.
What happens if I think I was mis-sold PPI?
If you were mis-sold PPI then we will ask you about the details of your credit agreement. We will then use our extensive knowledge of insurance sales regulations and the Consumer Credit Act to build a comprehensive case on your behalf.
How much am I owed?
Every case is different and the amount you are owed depends on a variety of factors. We have a PPI calculator that helps you get an idea of the amount of money you are entitled to. We then recommend that you get in touch with us so we can start your case today.