The PPI deadline may have passed in 2019 but you could still be eligible to claim £100s or even £1000s in PPI compensation!
Unknown to many, a Supreme Court ruling from 2014 opened up a new claiming route that allows millions of people to submit new claims even though the PPI claims deadline has passed.
When a consumer named Susan Plevin became aware that 71.8% of the premiums she paid to her PPI policy went to a commission payment for her lender, she took her complaint all the way to the Supreme Court. The Supreme Court decided that the relationship between the lender and Mrs. Plevin was ‘unfair’ because the high amount of commission included in the cost of the policy was never made clear to her. Years later, the FCA took this ruling and began applying it to new PPI complaints.
It’s said that the average commission paid to the banks was a shocking 67%.** This means that millions of people who had PPI, even if it was sold correctly in other ways, are still entitled to claim something back.
Even if you tried to claim PPI money in the past and the bank rejected you, you could try again!
Due to the size and cost of PPI policies, millions more people could be due £1000s!Do any of these apply to you?
Before starting the claims process, it’s important to know you are not eligible for a refund if you have already successfully claimed your full PPI refund.
If you haven’t tried to submit a claim yet, it’s worth checking if you’ve been Plevined! Follow the steps below to start your claim today!
Step 1: Select your country on the map belowStep 2: Answer a few questions to start your Plevin claim!