Have You Been Mis-Sold PPI - 4 Key Indicators

Have you been sold PPI that was not right for you?
In order or begin a claim you will need to state your policy type, which will include the lender name, policy number, the date it started and the monthly payment for the loan and PPI. Other key features that will be known will be how the PPI was sold to you, whether you are up to date and whether you bought it through a broker or direct.

Already you will see a large amount of info is required.
There are a number of key questions which will determine whether or not the policy you took was mis-sold.

1. Was the PPI sold without your knowledge. If so, this is a key sign of mis-selling. You have to know that you are taking a policy to be bound by it.
2. Did you request PPI. If you did this is potentially a problem against a good claim. If not then you have a potential claim.

3. Was it made clear that the policy was optional? If not then again this is a good clue to having a winnable claim. It is always a case that the policy should be optional.
4. Did you feel pressurised into taking PPI? Again if this is answered in the affirmative, you will probably have a claim for a repayment. Nobody should feel that they have to take the policy.
These are the first four indicators of a PPI claim. Look out for more in this series. If you feel you have been mis-sold your policy take proper professional advice