25 February 2019
There is no a secret to making a successful claim for PPI compensation but if you are one of the thousands of people yet to claim PPI compensation, you need to hurry because the PPI deadline August 2019 is fast approaching.
Here's what you need to do:
Check whether you had PPI applied to a loan, credit cards, car finance, store cards and so on and make sure you check loans and mortgages that have been paid off. If you don't have the paperwork, contact the companies or banks involved.
Need help? Scottish PPI Claims can find out more information on your behalf.
PPI was mis-sold to you if you were pressured into buying it, for example, or were told you had to buy it. There are other mis-selling reasons too, such as:
There could be other reasons too. Scottish PPI Claims can help.
You need to tell the bank or lender you have PPI and the reasons why you believe you were mis-sold it.
You can do this yourself or Scottish PPI Claims can draft a letter, complete forms etc. on your behalf.
Many PPI compensation claims are straightforward but some can be more complex. For example, we work with customers who have IVAs and other debt-specific products. Although this doesn't mean you cannot claim PPI compensation, what happens with the settlement will.
Once you have submitted your claim, we advise customers to carry on looking through paperwork and statements to gather as much information as possible, in case there is a query or the bank/lender refute your claim.
Your bank or lenders must respond within eight weeks. If they don't, you can continue to chase them or submit your complaint to the Financial Ombudsman. You can also ask the Ombudsman to look at your case if you are unhappy with the outcome.
Scottish PPI Claims has helped thousands of people to claim their money back. With the average pay out around £1,800, it can make a real difference to your financial status. Imagine what you could do with a pleasant windfall of cash?
Call Scottish PPI Claims now for a no obligation chat about your PPI compensation claim.