Tuesday, 7 August 2012

Mis Sold Situations Make You Eligible For PPI Claims!

PPI Claims

There are lots of people that are entitled to PPI claims as this PPI policy is mis sold to them. However the major problem is that how it can be proved that these people have been mis sold this policy? Numerous ways can be adopted to show that the policy has been mis-sold to them.

It is a practice of banks and creditors to add PPI agreement to their customers credit agreement, loans, credit cards, mortgages, etc. This is added without even giving notice to their customers. This means that customers are not aware about what PPI is and if it is been added or not. Is this happened with you? Well then you might have later on realized about it. This is the time when you need to know that you are eligible for making PPI Claims.

Many banks and creditors make it a compulsion at the time of getting credit card, loan or mortgage; this is also a part of mis selling. When this happens with you it is your right to get your money back along with interest and compensation. Might be at the time you might not know it is a compulsion but when it comes to your notice they might say that it was compulsory and so has been added to your credit. But this is something you should not accept. You need to fight for it.

There are chances that you might be aware about PPI ahead and you might not be interested in buying this policy from them along with credit agreement. Rather than making it a compulsion it would be good if they could advice you why taking this policy would be advantageous from them. After knowing this it would completely be your decision.

Government has decided an age limit in order to give this policy. However there are many banks or creditors that are not abiding to this rule and selling it without age bar. This practice is also referred to as mis selling.


Mis selling of policy is also done if you are not a part of full time employment or you are suffering back pain, stress, etc. There are some of the health conditions for which Army Claims does not offer any advantage. The people facing these health conditions are also given this kind of policy which is also referred to mis selling and you can claim for it.

In order to know your credit agreement well and whether there has been addition of PPI or not there are various websites to assist you.

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