If you are having a credit card or having any finance loan then definitely you might have been proposed PPI (payment protection insurance) when you took out the credit contract. Sometimes you require selling your PPI or you are being asked to sell it for credit agreement or you were forced to submit extra credit card charges that you had not even use.
You can claim back both if they are not applied on you but it needs so much consideration before selling a PPI because sometimes insurance or finance companies charged some hidden charges behind loans as an interest. So you may have to pay extra to the company in comparison to exact amount of PPI as per your agreement with that company,
So you need to be aware about PPI because some people don’t ask about it and even doesn’t have any idea that it is added automatically. So it may be sold wrongly, there are some other conditions also applied on PPI that you can check that it was wrong sold or not like you were self- employed, unemployed or worked part time when you took out PPI. You were miss-guided by the provider in all these cases it is not wrong to claiming back ppi from the provider company.
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