Business Directory

If you feel that you are owed money as a direct result of being mis-sold PPI, you should consider using a PPI claims calculator to figure out just how much you are owed. In the past few years, the banks have been paying out millions of pounds to consumers and citizens who were mis-sold PPI. This is because the banks lost a court case, which forced them to adhere to claim letters and/or calls that they received. As such, hundreds of companies have started to boom claiming to recover mis-sold PPI for consumers, usually on a no-win no-fee basis.

If you feel that you’re entitled to a PPI refund, you should use a calculator to figure out how much you are owed. By using a calculator, you will be able to see the realistic amount of money that you are owed. If it’s a little amount of money, then you can decide not to go ahead with it. However, you will usually be surprised that your claim can often reach into tens of thousands of dollars. In fact, the average PPI claim is currently over £5,000 and it’s because consumers simply aren’t aware that they are entitled to a PPI claim refund.

PPI Calculator’s provide an accurate and realistic view of the money you are entitled too. Usually, you just enter in how much your loan was for, the payment terms, how much you’ve currently paid off and the total length of the loan in years. Within seconds, you’ll receive an accurate amount of money that you could be entitled too. After seeing how much you could be owed, this will probably spark an smile on your face. The figures are accurate and correct, and banks do owe people thousands of pounds in mis-sold PPI.

PPI was mis-sold to people who were unaware of Payment Protection Insurance in the first place. Creditors should have made it very clear to people that it was being included with their repayment terms. If you were not informed about PPI, or explained that it would be added to your repayment terms, there’s a good chance that you could be entitled to a PPI refund.

If you have established that you may be entitled to a PPI refund, the first step you should take is use a Calculator to figure out just how much you are owed. By figuring out how much you are owed, you will be able to establish the route you need to take in order to get your refund.

The true reality is, there are currently millions of people in the UK that are completely unaware that they are entitled to a PPI refund. That’s why you see so many television commercials. Companies are trying to raise awareness of the fact that some people are literally owed tens of thousands of pounds. So, go ahead and use a PPI Calculator to calculate just how much you could be owed by the banks. You never know, you could be in for a surprise when a large cheque turns up on your door step.