Claim Back Your AA Loans PPI Before the Impending Deadline

Posted on May 14, 2018 by Canary Claims A loan agreement form

If you think that AA Loans PPI was mis-sold to you, it’s time to make a PPI claim before it’s too late.

If you’ve seen the latest Financial Conduct Authority (FCA) PPI adverts, you’ll know that the clock is ticking on making a PPI claim. The banks have repaid nearly £30 billion to consumers since 2011. Within the next year-and-a-half, billions more are set to be repaid to customers.

The official PPI deadline is 29th August 2019. Thousands of people have already made successful claims, but there are still people who have not yet contacted their bank or lender. Many people were unaware that they even bought PPI, yet have received four-figure sums after making a speculative claim.

If you previously made a claim but it was rejected, a new opportunity is available to claim again because of the Plevin rule. The Plevin rule means that if over 50% of your PPI sale was a commission, this is another form of mis-selling. Most banks who sold PPI had 67% of commission on the sale, meaning thousands of more people could be owed money.

Some consumers who took out an AA loan were also mis-sold PPI. If you’re not sure how to claim PPI or if you were even sold it in the first place, read our guide below. As the most reputable claims company, Canary Claims has a decade of experience making PPI claims on behalf of consumers and is ready to get your claim up and running today.

How Was AA Loans PPI Mis-Sold?

As noted in our previous PPI blogs posts, it wasn’t simply banks which mis-sold PPI to customers. Building societies, stores, and retail chain catalogues also mis-sold the insurance. Many people might be surprised that AA was also involved in the mis-selling of PPI — but, if you had an AA loan, you could be due a refund.

AA employees told customers that they had to have PPI to take out the loan. This form of mis-selling was common from other banks as well.

How to Claim AA Loans PPI Before It’s Too Late

If you want to claim PPI, start as soon as possible. AA is likely to be receiving more claims due to the PPI deadline edging ever closer. Thankfully, making a claim is simple with Canary Claims, as even if you no longer have the paperwork needed, we can uncover this information for you.

If you do have the paperwork outlining that you bought AA Loans PPI, you can start your claim today. You can either contact AA yourself or contact Canary Claims to make a claim on your behalf and take the stress out of the process. Our experienced advisors contact the banks and lenders on a daily basis, so we know how to make a strong case for you.

If you can’t find the paperwork, let us know and we can do our best to find out this information for you. As one of the best claims companies, we offer a no win, no fee policy. This means if you don’t have PPI or your case isn’t upheld by the bank, you won’t have to pay us, or anyone else, a penny.

With this in mind, why put off making a claim? It can take a number of months to receive a resolution from AA, and if your claim isn’t successful, a referral to the Financial Ombudsman (FOS) could take up to two years to be resolved. But if you start now, and start with a top claims company by your side, you could be receiving a reward comfortably before the deadline takes effect.

Charging only 15% + VAT (18% total) on successful AA Loans PPI, Canary Claims is the very best PPI claims company around. We offer a no win, no fee policy, meaning you only pay us if your claim is upheld. Contact us today, beat the PPI deadline and reclaim the money you are owed.