How Do I Know If I Have Been Missold PPI
So many people in the UK have been sold payment protection insurance without ever being aware of it. Although they may have known they were paying into a loan insurance plan, they may not have realised that they had been mis sold cover by the actions of their lender, whether they were intentional or not. If you have to ask "How do I know if I have been missold PPI?" then there are a few questions you could ask that may be of some help.
Questions to Ask If Concerned You Have Been Missold PPI
Although there are a lot of cases where the lender simply added payment protection insurance to the loan unbeknownst to the borrower, there are also times when the borrower was apprised of the cover but it was missold or misrepresented. If you want answers to "How do I know if I have been missold PPI?" consider the following:
- Did the lender tell you PPI was being added alongside the loan?
- Did you have any pre-existing medical issues/conditions?
- Did the lender tell you that PPI was mandatory?
- Were you over the age of 65?
- Did you have a temporary or part-time job?
- Did you have similar cover elsewhere?
- Did the lender disclose all facts in regards to price, conditions and exclusions?
- Did the lender tell you this cover might not extend the full term of the loan?
- Did you have sick pay benefits at your job?
If your answer to any of those questions was affirmative then you most likely were mis sold PPI and would be entitled to a PPI refund.
What to Do When You Are Still Unclear
How do I know if I have been missold PPI? Most of the time you can answer the question yourself by glancing at the above checklist. However, if you should not be clear on whether or not you have been mis sold PPI then you could talk to a member of the claims team at Belmont Thornton. They have represented thousands of UK consumers who filed for PPI refunds and most of them were asking the very same questions. As a result of consulting with the claims team, it was possible to get to the bottom of the issue in order to find the grounds to file a missold PPI claim.
If you would like to discover whether or not you have grounds to file a missold PPI claim because you are still asking yourself, "How do I know I have been missold PPI?" then call the claims team on 0207 471 2000. Your initial consultation is free of charge and if it is determined that the team can help you file a claim, there is a no win no fee* contingency. You will not be asked to pay any upfront deposit and the team will help you get your claim underway as soon as possible. Remember, unless you get to the bottom of whether or not you were mis sold PPI, there is no way to file for a refund!
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