Miss sold PPI

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An example of miss sold PPI

Mr Merrell wanted a loan for £3,000 the loan company gave him a loan of £2,062.57 of which Mr Merrell only received £1,500 the other £562.57 was taken from the loan to pay for PPI,

The loan repayments still incurred interest on the amount for PPI which meant that in total £3,930 had to be repaid, then a change of circumstance meant Mr Merrell became self employed.

Just before christmas the loan company offered him another loan again without asking they added PPI this time fully aware of the fact that Mr Merrell was self employed this meant that should Mr Merrell find himself unable to pay the premiums set through lack of work he would not be entitled to claim against his PPI policy.

As this is a clear case of Payment Protection Insurance misselling Mr Merrell is pursuing his complaint through us.

Help with ppi misselling

Claim Assessment - Can You Claim

If you think you may have been miss sold payment protection just fill out our short form and hit submit.

Once you have completed the test below and submitted your details to us a payment protection misselling specialist will contact within 24 hours. They will be able to assess the circumstances under which you were sold your insurance policy and take you through the process of starting your claim.

We have listed below the most common ways in which you may have been missold your insurance, click which ones apply to you and then hit submit.

You were not in work or self employed at the time of sale.
You were told to take out PPI at the same time as the loan or not at all.
You were not asked whether you had insurance which would cover the loan.
You were not told you could buy PPI elsewhere to cover the loan.
You were sold a policy which had age restrictions which you fell outside of.
The lender told you there was more chance of getting the loan if you had PPI.
You weren't told there were certain exclusions in the policy that could affect you.
You weren't told there were PPI policies where you could pay monthly.
You paid up front for PPI and you repaid the loan early and received no refund.
You increased your loan and the PPI was increased automatically.
The full costs of the PPI was not made clear by the lender.
The Terms & Conditions of the small print was not explained to you.
Led to believe PPI was compulsory.
Pressured into buying payment protection insurance.