How do I know if I have been mis-sold Payment Protection Insurance?
The plain fact is that a number of PPI policies sold to protect customers from their debt in reality offer no protection at all and are simply a revenue stream for the lender. Customers may be unaware they are even taking out PPI as they go through the application process. Lenders may offer low rates that are only commercially viable to them with the addition of a PPI policy and they may also mis-sell PPI policies with sweeping statements such as Will pay off your debt or Will safeguard your family when in fact the product they are selling may be completely inappropriate to the borrower and offer no such security.
