15 April 2019
If you have or had a personal loan, credit card or mortgage, and find that you have PPI on these accounts you may be eligible to claim PPI compensation. There are a few things you need to know, however. Carry on reading to find how they affect your claim.
Other consumers we have helped were unaware that within their monthly repayments, a large slice was used to pay for a policy that they had not agreed to, didn't want and didn't suit their needs.
You need to check the small print as this is a clear indication that you are entitled to PPI compensation
Did you know that existing medical conditions were excluded under the policy? Clearly, if you were unable to work due to this illness, any attempt to claim on your policy would be wasted as you were not covered.
That would mean a nasty surprise - no cover, no payments made and you unable to work.
Bad back? Mental health issues? PPI didn't cover you but were you told that?
People who were retired, self-employed, freelance, in seasonal work, worked less than 16 hours a week or working zero-hour or temporary contracts were sold the policy even though the terms and conditions are quite clear that the policy didn't cover hours or work of this nature.
However, these conditions were not made clear to the consumer and they bought the policy anyway, thinking what a good thing it was to protect their repayments.
Were you working less than 16 hours a week? Or maybe you run your own business? PPI was mis-sold to you!
Call us and get your PPI compensation claim rolling today!