Even though the Financial Conduct Authority (FCA) deadline of Aug 2019 has passed for PPI mis-selling claims, you can still get money back (with interest) if it is found that your lender earned commission for selling a PPI policy or paid commission to a broker for arranging your loan if you didn’t know about it!

We’ve helped thousands of people like you to claim money back that is rightfully theirs.

Originally for mis-sold PPI policies, but right now we’re helping people to claim back Undisclosed Commission that was applied without their knowledge to either a PPI policy or paid to a broker when the loan was arranged. Some lenders charged as much as 95% commission, so only 5% was actually paid for PPI cover.

What is Undisclosed Commission?

As well as mis-selling up to £50billion of PPI policies, according to the FCA lenders on average added 67% in commission to PPI policies. Often without telling you the consumer. Lenders also paid high levels of commission on the actual loan to brokers which the courts have said is unfair if this wasn’t made clear to you, so you can now make a new case to reclaim all commission, payments & accrued interest.

Why you can claim

A recent case in 2021, brought by Ms Beverley Potter ruled that ‘deliberate concealment’ of commission of 95% meant that a PPI policy or loan agreement can be revisited even if it has ended some time ago.

And an earlier court case in 2014 ruled that a customer called Susan Plevin was unfairly treated because she wasn’t told about how much commission the firm would earn from selling her a PPI policy. Subsequently, the FCA ruled that even if you weren’t mis-sold PPI, you should still receive compensation if over 50% of your PPI costs was hidden commission; this became known as a ‘Plevin’ payment.

That’s why, lots of people like you are using specialists like us to reclaim money back that is rightfully theirs.

** Based on claims for undisclosed commission related to a PPI policy with an average settlement of £3,580 with legal costs of £478.49 and Legal firm fee of £1,488.72, on average clients retained £1,612.79