PPI – What The Banks Don’t Want You To Know

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Check If You Have PPI For Free


“Around 50 MILLION PPI policies were sold to people who didn’t need them or couldn’t use them. A lot of those consumers who were sold PPI didn’t actually know they had bought it. Only about 10% of consumers who were sold PPI have so far complained to their banks.”
Natalie Ceeney, Chief Executive Officer of the Financial Ombudsman Service

This means there is still about 90% of PPI waiting to be reclaimed. There will be a huge number of people who don’t even know they’ve had PPI added to their loans, credit cards and mortgages.Any one is eligible to check if they can reclaim what is rightfully owed to them

Millions of people paid PPI they never knew they had, could you be one of them?

 

There Is A PPI Claim Deadline

While at the time of the statement there was a little media coverage regarding the claim being enforced as this wasn’t set in stone the however the regulator has recently clarified it’s stance. The regulator has now set the PPI complaints deadline as the 29th of August 2019. This means all claims need to have been submitted by this date in order to be processed.

According to the regulator this gives all claimants an adequate amount of time to submit their claims, for them to be processed and to bring the process to a conclusion. Naturally the banks had tried to make this much sooner but the regulator set the time frame to ensure a fair conclusion to PPI repayments claims.

 

Check If You Have PPI For Free

You Can search Back To 1985

With the original Payment Protection Policies beginning in 1985 when undertaking a check you can have your records search for over the last 22 years with a cut off for searches in 2008 as this is when PPI became more heavily regulated. When considering a search its worth taking into account a free historical review as while you may not believe you recently had PPI on a loan, mortgage or credit card policy but could you be so sure for a policy some 10, 15 or 20 years ago. The best way to find out is to conduct a search for free.

You Can Review Historical PPI On Any Of The Following:

Simply Click Your Product To Reclaim

Bank Accounts

Loans

Credit Cards

Mortgages

Free PPI Check

There are nationally stored bank records of previous PPI account holders and all UK residents are eligible to check their eligibility to reclaim these historical fees on the PPI Register for free and begin the reclaim process. Should PPI be discovered and you wish not to continue the claim this is completely at your discretion as the service is completely free of charge and with no obligation. The service enables UK consumers to easily begin the reclaim process and join the £28.32 Billion** the banks have already paid out.

*FCA Figures based on Jan 2016 payouts to date from the big 5 UK banks

Did you have PPI? Are you owed £1000, £2,500, £6,000 or even more?
Check for free today….It could be your most profitable 30 seconds all year!

 

Here’s how to check

    1. Click your location on the map below to get your FREE PPI Check.
    2. Simply enter your details.
    3. It’s easy and only takes around 30 seconds to do.

What’s more You

    1. Don’t need any old statements.
    2. Won’t receive nuisance unsolicited calls.
    3. Won’t miss out on claiming what is rightfully yours.

 

 

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This advertorial is sponsored by PPI Register. PPI Register is a trading style of Red Star Financial Management Ltd.
Red Star Financial Management Limited, St Georges House, Peter Street, Manchester, M2 3NQ, is registered in England (Company No ) and is regulated by the Red Star FM Regulator in respect of regulated claims management activities (CRM22115); its registration is recorded on the website www.gov.uk/moj/cmr

*When we tell you that we have located your PPI we will send you some further paperwork to complete to start the claims process. Once you return the paperwork or confirm over the telephone that you wish us to proceed with your claim we will commence the claims process and if the claim is successful our fee of 35% +VAT will be payable as per the Terms of Engagement or you can complete the claim yourself.

Sources:
https://www.the-fca.org.uk/consumers/payment-protection-insurance/monthly-ppi-refunds-and-compensation

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