Payment Protection Insurance (PPI) is usually sold alongside loans, mortgages, credit cards or any other financial agreements as cover in cases of accident, sickness and unemployment where you can no longer afford to repay your lender. If something happens to stop you being able to make your payments, PPI can cover them for a set period of time.
However, in many instances people have been mis-sold this type of insurance, leaving them unable to claim against it, or even unaware they’d bought it in the first place.
In 2011 a ruling by the High Court - now fully accepted in the industry - means that banks must pay back mis-sold PPI along with any interest earned on premiums. This has left well over a million customers in a position to reclaim sums of money that can total thousands of pounds each.
At Writefully Yours we’ll help you find out how much you can reclaim from mis-sold PPI, and our professional, friendly staff will work for you at every step of the journey.
If you believe that you might have been mis-sold PPI on a loan, mortgage or credit card, click here to learn about the steps of the claim process.
If you've got a question about the PPI claims process, you may find the answer here in our Frequently Asked Questions. If not, feel free to give us a call on 0800 954 6547: