For those who are currently struggling with their mortgage payments in part due to the additional Payment Protection Insurance, you may have sold a PPI by mistake and therefore have to repay it yourself. The scandal that recently appeared in the newspapers about how some banks and lenders wrongly sold the PPI to thousands and thousands of British citizens may have affected you too, even if you did not know that they were incorrectly selling you the PPI.

Payment Protection Insurance (PPI) was designed to help people who may have unforeseen circumstances, such as illness or unemployment, hamper their ability to make payments on mortgages and other types of loans, including credit cards and purchases. Unfortunately, many banks and lenders exploited their clients and sold them less PPI when it was not needed, overpaid for PPI payments, did not fully explain all the PPI options, or simply added it without their clients' knowledge. .

Courts and the UK government have now stepped in to help reimburse clients for money that was overpaid or wasted with PPI payments. Thousands of people have already successfully recovered their money, but many others do not because they do not know that the IPP has been sold poorly or because they feel they do not qualify.

Today you can claim the PPI payments you made if the PPI sold you badly first. The process begins when you review your loan application and monthly bill to see if you have a PPI first. Whether you've paid off a loan or paid it off successfully in the last six years, go ahead and check your records. If so, the next step is to take you to the professionals who can see if you are eligible to claim the government PPI.

The professionals who handle PPI recovery efforts do not charge money for their services, they only pay when you receive your refund. This means that you are not at risk of getting paid before the money is refunded. If the professionals or the government find out that your PPI was legal and you are not allowed to refund, then you will not lose money. Finding out is a risk-free proposition on your part.

However, if you are one of the thousands who may require PPI payments, then the process itself takes around 8 to 14 weeks, depending on your case. Presenting the proper documentation and handling all the details requires the knowledge and experience of professionals who have worked with thousands of clients over the years on PPI advertising cases. This means that you are in good hands and will do your PPI recovery documents well; Ultimately, you don't want to bother with replenishments and delays when the PPI has sold you poorly in the first place. If the professionals or the government find out that your PPI was legal and you are not allowed to refund, then you will not lose money. Finding out is a risk-free proposition on your part.

When you receive your PPI refund, a small percentage goes to the professionals who have done it well. That way they get paid for a job well done.