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Payment Protection Insurance the £10billion scam?

Martin Lewis from Money Saving Expert says PPI is the biggest mis-selling scam in the country. It wouldnt surprise me if up to £10 billion worth of mis-sold policies were out there – Banks have been flogging hideously expensive, and often pointless, products to consumers for years”.

It might seem hard to believe but almost 1 in 2 adults in the uk have a ppi policy and many of those have been mis sold alongside loans or credit cards or mortgages.

The banking watchdog the financial ombudsman say over 100,000 people have already claimed back their ppi payments and more and more people are claiming every week, which isn’t surprising, the average claim is worth just over £2000.

But what is mis-sold PPI?

Mis sold ppi means that people are paying for PPI that they didnt want or need, and couldnt even use it if they tried to claim!

But worse than this, you could be paying hundreds for PPI cover every month without even knowing it.

So your next step is to find out if you’ve got a ppi policy so you can find out how much your claim is worth,

You’ve got a few choices but the hassle free easy way is to call 0800 840 7291 or go to http://www.ppiclaimsuk.co.uk and fill out the form