If you’ve taken out a loan, mortgage or credit card in the past 10 years, you may have been mis-sold Payment Protection Insurance and could be entitled to thousands of pounds in PPI compensation.

Money Wizard offer a no win no fee service and pride ourselves on being the experts in claiming 100% of the money that’s owed to you. Either fill in the enquiry form on the right hand side of this page or drop us a line on 0871 222 0909 to begin your PPI claim.

What is PPI?

PPI is an insurance policy designed to protect loans, credit cards and mortgage payments if problems occur and payments can’t be made (illness, unemployment etc).

Unfortunately, the policies were riddled with exclusions and in many cases, they were forced upon customers or even applied without their knowledge. This was brought into question under the recent ruling and that’s why we’re here to help.

Recent court ruling denies banks from blocking PPI claims

In May 2011, UK banks lost a high profile court case, in which they tried to block repayments of PPI claims. Since the ruling, thousands of UK citizens have successfully claimed compensation for mis-sold PPI.

Banks and other financial institutions are have set aside billions of pounds to cover the cost of potential compensation claims. If you think you’ve been mis-sold PPI, it’s essential that you start your claim today.

Not only will you be able to claim back PPI premiums, you’ll be able to claim on the interest, which means you’ll be provided with a cash lump sum.

You could be eligible for a PPI reclaim if:

• PPI was added to your loan without your knowledge
• PPI was sold to you if you were unemployed or unemployed
• PPI was sold to you if you were medically exempt
• PPI was sold but not to cover the full term of the loan

Under these circumstances, a significant proportion of monthly repayments on loans, credit cards and mortgages could be going towards the cost of a product that you won’t even be able to use, should anything happen to prevent you from keeping up with payments.

It is estimated that up to 20 million policies have been mis-sold, therefore all of these policyholders are eligible to reclaim the money that is rightfully theirs.