If you have been cheated off your money due to PPI, then you must take measures to get your money back. If you have any doubts as to how much money you have lost due to PPI, you can use PPI calculator to know the amount you can claim for PPI refund. By using PPI calculator, you would know how much money you have lost due to mis-sold PPI you have purchased and have been paying for long. There are many sites online where you can find PPI calculator, and the best part is that using PPI calculator is also not very tough. All you need to do is to fill in basic details about your loan, the duration of the loan, and the amount you have been paying. It would immediately calculate how much money you can get back.
- When you use PPI calculator, you get to know exactly how much money the bank owes you.
- You get motivated to file the claim for the money that was wrongly taken from you.
- You get to know whether it would be good for you to claim the money by yourself or to hire the claim management company.
- You also get the drive to take all the hassles that come in your way to file for the claim.
- It gives you a clear picture on how money you have lost due to PPI.
There are many people who have lost thousands in paying for PPI, but have not submitted their claim. If you are one of those who have been mis-sold PPI, and now want to get back their PPI refunds, then make sure you file for the PPI claim now. Claiming for PPI is not as difficult as it may seem to you, and after the court order, things have become much easier for the consumers.
All that the consumers need to do is to use PPI calculator online, find out the approximate amount that they can claim, fill in the PPI questionnaire available with the bank, submit the related documents and then request the refund. The banks would reply in a couple of weeks, and if the PPI claim is valid, the refund would be processed soon after.
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