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A lot of people continue to be trying to establish if they are indeed eligible to file a ppi claim to their lender in order to get a settlement on the monies in which they may have paid back unfairly. Large numbers of cases of mis sold ppi claims have already been filed and a very large percentage has in fact won. According to the Financial Ombudsman a complainant must satisfy certain factors in an attempt to make mis sold ppi claims; after which it must be proven to be able to recover your money (in addition to 8% statutory). We have developed a brief checklist of criteria so that you can go through; if at least one relates to your own personal situation, then there are very good probabilities you will have a legitimate complaint.

Over recent years, within the United Kingdom, The Financial Services Authority (FSA) has been investigating unjust practices of allocation of Payment Protection Insurance (PPI), and the methods of which it was sold to loan borrowers. Many significant United Kingdom banks have been making a lot of money off mis sold payment protection insurance.