You could be owed
£2000
Have you taken out a loan or credit card in the last ten years? If so you could be owed thousands. Been mis-sold payment protection insurance? Even if your loan or credit card has been paid off you can still claim.

Missold PPI

What is Payment Protection Insurance or PPI?

Payment Protection insurance is a policy which is meant to cover your monthly loan or credit card payments (or a percentage of them) if you become unemployed due to an accident, sickness or because you have been made redundant usually for a period of 12 months .It is also known as PPI, loan protection insurance or Accident, Sickness and Unemployment cover (ASU).There are clear rules that finance firms and advisers have to follow when selling payment protection insurance (PPI) policies – despite this our research shows that millions have policies have been mis-sold and many High Street names have been fined for mis-selling PPI. You could be owed thousands. Start your claim today, you have nothing to lose.

Am I paying for Payment Protection

Many people are unaware that this insurance has been added to their loan or credit card.

Check your loan agreement and credit card statements.

For loans the premium may be shown on your loan agreement as a lump sum added to your loan.

For credit cards check your statements to see if charges for insurance are added to your account every month.

Was I mis-sold PPI?

Any of these apply to you?:

  • You didn't ask for it, but it was added anyway?

  • You were told the insurance was compulsory or that taking it would give you a better chance of getting the loan

  • You didn't know it was optional or that you could buy cheaper cover elsewhere

  • You were unemployed, retired, self-employed when you took out the cover

  • The policy exclusions were not pointed out to you
Do I Qualify?

It's time to get smart and claim back what is potentially yours. If you have taken out a loan in the last 10 years...

Payment Protection Insurance Claims
No WIN No FEE!
No upfront fees
No hidden costs

Put simply. we get your money back, we charge you 25% of the monies awarded plus VAT.

We're helping
80,000 customers
to claim!
PPI Claims Online from iSmart Claims
Credit Card PPI

Regulated by the Ministry of Justice in respect of claims management activities. Authorisation number CRM2506. View at www.claimsregulation.gov.uk

* that's the average amount of compensation awarded to i-Smart PPI claim customers



Calculate Your Compensation for Reclaiming a PPI Policy

In the UK, selling payment protection insurance without offering all the information needed at the point of sale is vastly frowned upon. Mainly due to the fact that the PPI Claims policies are too over-priced but deficient in real insurance coverage.

It is complicated to calculate a premium because of the various factors for consideration and inclusion to the total PPI claims. The very instant that the loan is pushed through; you are free to recover money which will substantially raise the total of your entitled amount.

Total PPI Claims

When summing up an equation for reclaiming a PPI you should determine how much is the exact cost of the PPI charged on you. You will find this amount on the original credit agreement. Next is to compute the amount of what you have already paid. To do this, multiply the amount of the monthly repayment by the number of months you have paid for, this product is then the sum of money you should get as a PPI reclaim or the amount you should be able to recover for a Missold PPI.

You now have two amounts which you need to add together. The resulting sum should be added with an eight percent legal and statutory interest (allowed by the law) for every year that the loan is known to exist. There should not be a question in recovering a Missold PPI if your loan is still in progress or is already compensated for.

For a loan that has been already paid off, only one condition applies to avoid time disqualification when retrieving a PPI which is: ‘the loan has been atoned for no later than six years ago’ .