How to claim for the mis-sold payment protection insurance

The Payment protection insurance is meant to help you to monitor your credit cards, loans which were  mis-sold. You can get compensated. If your compensation has was mis-sold, then you can make your claim. You do not have to wait until the last minute.

In case you took a consumer loan or credit card in the 2000s, then there is a higher chance that you have the Payment Protection Insurance was mis-sold. You can claim your PPI without any problems. To claim ppi, you just have to follow a few steps. The first thing you have to do is check if you are eligible for the PPI compensation. You should choose the company where you got your PPI. The next thing you need to complete the application is your contact details.

PPI compensation that can be reclaimed


In case you have a credit card mortgage, there is no doubt that you have a case of misselling of the PPI. PPI was used to cover the credit agreement in case you lose the job. At times, the PPI could have been sold without you knowledge. The sales person may not have explained the policy. In such a scenario, the PPI was mis-sold. It is in such cases that you need to lodge a complaint.

Claiming your PPI

The first thing that you have to do is looking for any relevant documents that will support your case. The documents should have proof that you took the policy. There should also be proof that you are making the payments. In case you are not sure, then you can still go ahead and make a copy. The second thing that you have to do is write a letter your loan provider who gave you the PPI. You can also opt to fill the questionnaire that is available on the websites of different banks.

Necessary details

Once you have filled all the necessary details, you should send the documents to the provider. You should give reasons that in your opinion the PPI was mis-sold to you. If there is no response eight weeks after sending the letter, then you should write another letter and send to the financial ombudsman service.



The FSO will request you to complete the questionnaire to determine if you were mis-sold. You do not want to be left out. Make sure that you do not miss out on the deadline. The deadline is August 2019. You have to start early so that you can receive your refund on time.