Have I Got PPI? Take Our Quiz to Find Out

Posted on April 26, 2019 by Canary Claims Quiz written on wooden blocks on light wood table

Are you one of the thousands of individuals who were wrongly sold a PPI policy? Find out with Canary Claims.

The deadline is coming — you now have less than five months to submit a PPI claim. This is because the Financial Conduct Authority (FCA) imposed a deadline on all PPI claims — and 29th August 2019 is the cut-off date. The deadline aims to encourage people to make a claim, rather than put it off. The FCA advertising campaign features Arnold Schwarzenegger’s robotic head. If you’ve seen it but not yet made a claim, we urge you to do so as soon as possible.

Thousands of people were unaware that they ever had a PPI policy. This is because of the mis-selling tactics by the banks. Many bank employees added it automatically alongside loans, credit cards or mortgages. In some instances, individuals were told it was compulsory or that they could only get a credit card with the policy.

To date, over £34 billion has been refunded to customers. The average PPI refund is £1,700 — but, many individuals had more than one policy, meaning a greater amount was owed to them. Over 60 million PPI policies were sold in the UK. It’s unknown how many of these were mis-sold, but it could be millions.

Not sure if you are affected by mis-sold sold PPI? We’ve put together a useful quiz to see if you fit the criteria for those who are more likely to have PPI. Information such as your age and previous financial products will be able to help us decide.

The “Have I Got PPI?” Quiz

We’ve selected a handful of questions to help you identify if you could have been mis-sold a PPI policy. The questions are simple and don’t require any personal information. Using your answers, we will let you know if we think it’s possible that you had a PPI policy. If you can’t remember dates and lenders, don’t worry too much.

Please note that this quiz is not a guarantee of any PPI policies or if they were mis-sold. It is intended to help you understand some of the common similarities between individuals who have processed PPI claims.

What Was Your Answer?

If the quiz indicated that you might have been mis-sold a PPI policy, it’s time to take action. You can either submit a claim to the relevant bank or lender yourself or use the services of a PPI claims company, such as Canary Claims.

To make a claim, you must have evidence of the policy. If you no longer have your financial paperwork, the bank may still have a record of it so you can contact them and ask. Alternatively, a claims company can investigate this for you and try to uncover evidence.

Once you have the evidence, a claim can be filed with the bank or lender. You must submit the case before 29th August 2019 cutoff point. Once your claim is acknowledged, the bank should respond with an outcome within eight weeks — though some have been known to take longer.

The clock is ticking, and you could have money waiting for you. Don’t delay.

Canary Claims can start your PPI claim today. Our PPI claims team can identify old PPI policies and contact the bank on your behalf. Charging just 15% + VAT (18% total) on successful claims, we are the best PPI claims company.