You may be put off PPI claims because you may think that you will not be able to sort out the paperwork etc. Many people do get put off by this sort of thing and it is not surprising really. There is actually a medical condition where some people have a fear of forms and although many of us are not that bad, not many people will relish the task.
However, it does not need to be that much of a worry. There is not that much work involved. You will need to find the paperwork that relates to the loan that you think you had PPI miss sold on. This will contain the account number and other details that you will need in order to find out whether you can make a claim.
You will need to find out whether you were paying PPI first. You may know already and so this will be easy but you may not. If you are not sure, then you could ask your lender. If you give them the account number they may be able to tell you, it is worth a try. You will also be able to find out from looking at the terms and conditions, but you could always use a PPI claims company to help you, if you are not keen on trying to decipher them.
Making a PPI claim can be very easy if you use a PPI claims company. However, it does not need to be that difficult without one. There are step by step guides online and even template letters that you can use to get the information you need and make a claim. If you are happy to look through your paperwork then this could be a better option as you will not have to pay out to a company to get them to do it for you. However, if you would not make the claim if you had to do it yourself, then using a claims company would be the best option for you.
Different claims will differ in how complicated they are. You may have a claim where you were told you had to have PPI but didn’t want it, have all the details you need and just have to complete a few letters to make the claim. However, if you are not sure of the details of the accounts or whether you paid PPI and whether it was miss sold or not, then it might be better to get help with it all.