It doesn’t matter where you are in the UK. If you have taken out any financial borrowing you may find that you can make PPI Scotland claim or PPI England claim.
People up and down the country have been making PPI Claims, through a PPI check company or simply by themselves. These claims have led to banks having to pay out compensation for mis-sold PPI policies attached to a variety of financial borrowing.
How do I know if I have a PPI Scotland claim?
Many people are not sure whether they have been mis-sold PPI alongside any financial borrowings. If you are one of these people, then you may want to find out more about PPI claims and how you know if you have one.
Here are some questions that may help you to decide whether or not you have a claim.
· Was it made clear to you that the insurance was optional?
· Were all of the exclusions within the policy made completely clear?
· Were you told that you would need to pay for the insurance in one single, upfront payment?
· Was it explained that this single payment would be added to your loan, resulting in you paying interest on it?
If you find that you answer no to any of these questions, then you may have a PPI claim and it is best to organise a PPI check to take this further. Essentially mis-selling PPI occurred when the exclusions were not properly explained. If it was not made clear that the insurance was optional or that any of the interest costs were not explained to you.
You can make a PPI claim using a template letter sent to the bank or financial company. However, you may also find that the process is quicker, easier and less stressful if you use a PPI check and claim company who can process it for you.
These companies are experts in the world of PPI claims and they can help you to receive every pound in compensation that you are owed.
Remember the PPI deadline!
If you are planning to make a PPI Scotland claim, then you will want to take action soon. All mis-sold PPI claims have to be made by June 2019 under new regulations announced by the Financial Conduct Authority. Make sure that you make your PPI check and don’t miss out on money that you are entitled to.