Things To Do Before Filing For PPI Refund Claim

Things To Do Before Filing For PPI Refund Claim
January 06 13:38 2017 Print This Article

There are many people who have lost thousands in paying towards PPI premium over the years. These are the people who are now looking to file for claim or have already filed for PPI claim refund and even have got it back. If you are one of those who haven’t started the process yet, there are few things you need to know and do before you get started to ensure the process is smooth and seamless.

If you are looking to file for PPI claim, the first thing you need to do is to ensure that you have all your documents in order. This is the single most important thing to do to ensure that your claim is easily and quickly processed, without any hiccups. Most of the claims are rejected because not enough documents are provided to validate the claim. Check through all your documents thoroughly and furnish as much documents you can to make your case strong. Here are the few things to do before filing for PPI claim –Related image

Arrange Documents

  • Gather all the documents that support your claim and which are related to PPI.
  • Make sure that the documents are legit and can be provided as an evidence.

File A Registered Claim

  • You can file a claim for refund with the bank online, by phone or in person as well.
  • Any further information needed can be availed from the bank regarding claim and how to process it seamlessly.

Write Validation Letter

  • The letter should be written mentioning how the PPI was mis-sold. It is important that this is as precise as possible to avoid disputes with the bank.

Fill Up PPI Questionnaire

  • This is the questionnaire given by the bank to help them ease the process of verifying the claim. Fill it properly and correctly with valid documents.
  • You can fill the questionnaire online as well at the bank’s site.

These are the few things you need to do before filing for PPI claim. It would help ensure that you get the refund with ease and without losing out on your money. And, if you are wondering how much money you can claim, visiting will help.

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Mary Gaines
Mary Gaines

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