How far back can I claim PPI
The issue of payment protection insurance being mis-sold is one that has come to prominence more and more over the last 5 years within Britain. Find out how you can take action against your bank for unscrupulous sales practises by claiming back on your PPI policy now.
It might have been related to an application for a credit card, a mortgage or a loan. The bottom line is that an increasing amount of people are beginning to feel they purchased PPI policies that they neither wanted nor needed.
If you are in employment and have just applied for a sizeable mortgage, PPI can be a sensible way to protect yourself against changes in your situation.
However, if you are unemployed, a pensioner or in full time education, PPI is essentially irrelevant for you as you do not have to worry about covering yourself for loss of earnings. The same is true if you are self-employed as you effectively have no job to lose!
Due to the increasing amount of cases where PPI has been potentially mis-sold, it is clear that key differences in circumstances such as these were not being considered fully.
People appear to have been purchasing policies without a clear grasp of how they worked and how much they needed them. Think about your exact financial situation where PPI is concerned and if you think you were mis-sold PPI, look at pursuing a compensation claim.
Find out more by watching PPI Videos including video ideas that answer questions such as How far back can I claim PPI?