How do I know if Ive been missold Loan Insurance / PPI?
The Financial Services Authority (FSA) has published strict rules for the financial services industry which your financial advisor must follow. Unfortunately, these rules are pretty complex, but luckily you’ll soon be able to take our simple on-line ‘Mis-sold in a Minute’ test to help determine whether these rules have been followed and whether you have been mis-sold. You don’t even need any paper work. To help you further, here are just a few of the reasons why you may have received bad advice check out the list: • You were told you had to have PPI to get the loan • You were pressured into buying PPI by a pushy sales person • You were told PPI would improve your chances of securing a loan • The small print of the contract was not fully explained to you • The full cost of PPI was not fully explained to you • You were not told that PPI was included in your financial product There are many reasons why you may have received bad advice. If you think you may be a victim, PPI Claim Direct is