“Oh no!” I hear you cry; “Now even Shoppers’ Joy is jumping on the PPI bandwagon.”
You may well be fed up with the whole PPI business and I don’t blame you. How many times do you rush to answer a call, only to hear an automated message droning on about mis-sold PPIs? And as for emails – don’t get me started!
But all of this aside, if you have been mis-sold Payment Protection Insurance, which many of us were, then you may have a valid claim. But take a word of advice – DO NOT use any of the companies that offer to manage the claim on your behalf. They’re not offering to do this out of the goodness of their hearts, they want your money!
The truth of the matter is that you can claim back payments made on mis-sold PPIs, complete with interest, directly from the organisation that sold you the policy in the first place, at no cost. As long as you have some basic information such as who provided the policy, it’s simple to do it yourself.
A great starting point is to use the letter template provided by Which? Just visit www.which.co.uk/consumer-rights/action/how-to-reclaim-mis-sold-ppi/ and add your own details to the letter and send to the company concerned.
This is how we initiated a claim. In response to that letter the company involved issued their own claim form, which we completed and returned, swiftly receiving the payments that had been made, plus interest, without incurring any costs whatsoever.
So do ignore all those PPI claim calls and emails, but don’t ignore your right to claim. Just do it yourself for free!