PPI, sometimes called Mortgage Payments Protection Insurance (MPPI), has seen important overhauls in recent months because a full investigation by the market regulators after rumours of irresponsible selling by some providers (mis-sold ppi). The analysis discovered that this was happening and begun the case for many victims chasing explanations for such insurance cover.
All the new regulations limit the way in which PPI cover will be sold, including times and mean to make PPI claims simpler to start. Should you have found you have been mis-sold a policy, there is much written advice on what steps you must take.
I have always been a fan of finance and business so when I decided to combine the two interests into one, well.. the result was business finance! I have had my head in books relating to this topic for weeks now, and finally I am getting to understand the key areas of it. The thought of enrolling at college to learn further had crossed my mind but I decided to stick to learning at home in my own time. This meant re-decorating the study. I spent 5 days transforming the place into a business finance office, my knowledge on the matter is going from strength to strength!
If you have taken out a PPI policy on a loan or credit card within recent years, you will want to check to see if you can put in for a ppi reclaim. Thousands already have and have claimed back some of the 10 billion pounds that the banks have taken in PPI payments since the early 1990s.
PPI claims are easy and generally hassle free, it can be very straight forward to get your money back.
Before I go on holiday to Spain, I have to remember to put in that ppi claim before I do. I have left messages all around my house to remind me of the this, one on the fridge, one on the mirror in the bathroom.. To be honest with you, I can’t really afford this holiday so I am hoping the ppi reclaim I am going in for really pays off! My friend got a ppi refund last year so I am hopeful that I can be as lucky and get some cash back. You never know, the money I get back might pay for a return trip to Madrid if this holiday is successful!