With the PPI deadline fast approaching, have you considered whether you are eligible to make a claim? Whether you are unsure if you are eligible to make a PPI claim or have never even considered claiming compensation because you are adamant it wasn’t mis-sold to you, it may still be worth making an enquiry. Take a closer look at our guide to PPI claims below.
Have I Been Mis-Sold PPI?
If you have ever had a credit card, loan or mortgage, there is a good chance that you have been mis-sold PPI. In some cases, you may have even been mis-sold PPI without even realising it. Here’s how to start your claim:
Find The Relevant Documents
In order to find out whether or not you are eligible to make a PPI claim, you must first find all of the relevant documents. Once you have compiled all of the documents you need to file your claim, it’s a good idea to make a copy of these. This is to ensure that you always have the original document at hand. If you’re unsure what documents are relevant, simply find any paperwork that states that you have taken out a policy and have been making payments.
Writing Your Letter
Having found and copied all of the relevant documents, you must then write a letter to the provider who sold you the PPI. Fortunately, there are several PPI complaint templates available to download and edit online, helping you to save valuable time. Alternatively, you may be able to fill in a questionnaire on your chosen bank’s website, making the process of filing a PPI claim even more straightforward.
Sending Your Letter
When it comes to sending your letter either via the post or email, remember to have attached all of the relevant documents you believe are needed for your claim. This will help back up why you think you were mis-sold PPI, helping to build your case.
I Didn’t Get A Response
If you don’t receive a response from the mortgage, credit card or loan provider who sold you the PPI within 8 weeks, then you should send a letter of complaint to the Financial Ombudsman Service. The FOS will ask you to complete a questionnaire that will determine if you are eligible to receive PPI compensation, helping ensure that you receive your money before the deadline.
PPI Claims Company
Instead of going through the stress of making a PPI claim yourself, why not get a PPI claims company to make a claim on your behalf? By hiring a PPI claims company, you can be confident that you are in the best position when it comes to making a claim, as you can rest assured that it will be handled with the utmost care. Furthermore, by opting for a PPI claims company, you will be able to receive support throughout your claim, which is perfect for those who are hesitant about making a claim.
With the PPI claims deadline fast approaching, there has never been a better time to claim for PPI compensation than now. Good luck!