In order to discover if you’re owed a refund on your loan or mortgage then you certainly must check the details for any additional payments you may be making towards a mis-sold PPI policy.
Payment Protection Insurance was originally designed to protect those who fell ill, lost their jobs or were unable to work for any reason, by protecting their repayments towards their loan etc.
If one or more the following circumstances applies to you, then there is good chance you’re owed a refund:
- If you were unemployed, self-employed or retired when you took out a PPI policy that included unemployment cover
- If the total cost of adding PPI to the loan wasn’t clearly explained to you or if the quote you were given for the cost of the loan automatically had PPI added
- If you were told PPI was compulsory
There’s a wide array of circumstances in which you could have been mis-sold and at PPI Refund we are happy to help anyone who is unsure about PPI and whether they’ve been mis-sold a policy.