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How Do I Claim Back My PPI Payments?
If you know what PPI is you will probably be one of the hundreds of thousands of people considering claiming it back and wondering if you are entitled to. You, like many others, may not know if you are eligible to claim and this is why the banks could face a huge wave of payouts.
PPI Victims To Be Refunded Over 4bn
It has recently emerged that banks and insurance companies could be liable to pay over 4bn to customers who were fooled into paying for Payment Protection Insurance on a loan, mortgage or credit. A previous estimate of up to 1.2bn only covered customers who will attempt to reclaim the payments they have made but this new figure takes into consideration the extra amount of customers who the banks will be forced to give refunds to.
The Great PPI Scam
Consumers should feel secure that their Payment Protection Insurance will cover their debt repayments if something unexpected happens they are covered for, but more and more people are feeling like it is one big con. It has been sold to people who are uninformed borrowers who can’t afford it and even people who want it but don’t know they are ineligible.
Why Should I Have A Will
UK law does not force you to have a will, if you do not have a valid, signed and witnessed will, the UK government will decide where your money, property and personal effects go. Dying without a Will is called dying ‘intestate’ which means that when you die, some if not all of your estate will go to the government.
