Reclaim PPI

There is help available on how to recover PPI costs

If you are a victim of the malpractice of misselling PPI, reclaim PPI charges with the help of various resources available at your service. If you want to tackle the whole process of reclaiming PPI on your own, you can browse through the internet. Several websites offer guidance free of cost, like

• Checklist to ascertain if you have a PPI that is not at all good value for money
• List of clauses that make you eligible for a PPI refund
• Steps you need to take to lodge a successful PPI compensation claim
• List of providers already fined for misselling PPI
• Templates for drafting letters of complaint that you need to send to concerned authorities, e.g. the lender. These helps in wording your complaint is such a way that the lender fails to reject your claim.
• List of questionnaires that the financial ombudsman services ask in order to validate whether a claim is genuine. These you may need to keep by yourself while filling out the FOS forms.
• Letter templates to follow up your complaint
• And also Microsoft Word versions of the FOS forms that you may fill and print out from your home.

Are you unsure about how much to claim?

Are you unsure about what to do when your PPI refund demand is rejected, you can take the help of any of the numerous financial agencies offering their services in settling a claim. If you are made an offer by the lender but you are not sure if it is a reasonable one, you can shop around the net, and hire the services of such agencies.

In many cases, these agencies can significantly improve upon an offer the lender gives the customer. The experts in the field, having the experience of settling many such claims successfully, know how to look through the calculations produced by the lenders, and can see through loopholes.
After a long-drawn process of sending letters and writing complaints, you may be tempted to accept whatever offer comes your way.

Be aware of exactly how much you can obtain as PPI refund – Don’t lose out on what is due to you?

1. Consider a financial advisor to assist you with thea case to reclaim PPI.
2. Most such advising firms do not charge fees up front. Thus, there is no risk involved on your part.

This also acts as a strong incentive to the company managing your PPI claim back.

Is it worth considering a 'No Win No Fee' lawyer of claims adviser?

The pledge 'no win no fee PPI claim' implies that in the event a claim is unsuccessful and the claimant receives no payout, the consumer will not have to pay any charges to the agency mediating the claim. This also ensures that the firm will be using all their resources to fight your case to obtain a substantial PPI compensation. Otherwise, they lose out on their fees. This increases the chance of a settlement on your behalf.

However, do make sure you hire the company charging the smallest percentage of the total compensation amount awarded to you.

Click here to complete your PPI Claim Form