It is that time of the year again when we all have had too much to eat and drink and think that we should make some new promises to ourselves regarding all the things that we are going to do better in the coming year. No doubt you will be contemplating eating and drinking less, having greatly overindulged the past few weeks, you will also probably be planning to get fit, you may even have already signed up for a gym. All good and well, but this year how about also considering your financial situation in your New Year resolutions?
2011 was the year when the mis-selling of PPI really came to the public’s attention. The banks and financial institutions had been doing all that they could to resist paying out any of the money that they had falsely taken from people. Fortunately the law came firmly down on the side of the individual, thus opening the floodgates for claims to reclaim PPI. However, there are still vast numbers of people who are missing out on money which is due to them. You may be one of these people and do not realise it, since over 20 million PPI policies were taken out..
So do your homework and make it your New Year Resolution to find out whether or not you may be entitled to reclaim PPI. No excuses that it all happened a few years ago and you have finished paying the insurance anyway. You are still entitled to reclaim. Do I hear you say you have lost your paperwork? Again this is not a barrier to applying for a reclaim. You may also be thinking that you never had any paperwork, but you are sort of sure that you did take out a policy. Once more do not let this put you off, you can make a claim.
You may be thinking that this is going to be more trouble than it is worth. You should consider therefore that the average repayment has been calculated at £2750, I would suggest that it is well worth your while finding out more.
Finally you may be thinking I do not have a clue how to go about this. It could not be easier either online or by telephone, then the work will be done for you. If you want to pursue a claim yourself all the documentation you need including blank proforma are readily available.
So your PPI resolution is to be an active one, not one that you make and then forget. At the end of the day you have nothing to lose, but all to gain.