Many victims however
are still unaware as to how to reclaim PPI premiums. If it was
not made clear at the time of purchase that the insurance was
optional, if you were not notified of specific exclusions from
the terms of the policy, if you were not advised that you would
be paying interest on the insurance as well as on the substantive
loan, if you not made aware that the policy would expire before
the loan itself, or if there was an attempt to persuade you
or to “strongly advise” you to take out insurance,
you will probably have good cause to reclaim.
There are many third
parties that will, for a fee, take on your case and help you
to reclaim any monies that you have paid under false pretences
or duress. It is also possible, with the correct advice and
information, to do so without the use of an agent or third party.
Consumer websites will usually contain details of how to reclaim
PPI premiums – it is quick and easy, and does not require
any form of payment.
borrowers will have spent thousands of pounds on insurance cover
that they did not need and probably did not want. It is worth
acquiring the necessary information on how to reclaim PPI premiums
and to make a simple claim for the return of this money in full.
If you are currently looking into reclaiming PPI, try visiting
websites like those above who specialise in help you reclaim
you PPI missold under false pretences.