DEBORAH Ward eagerly filled out a form on Facebook from a firm promising to help her win back PPI claim cash.
A year later, out of the blue, a letter from HMRC arrived saying she was inline for a a £1,099 refund – but months later she still doesn’t have the cash.
Millions of people were victims of being mis-sold Payment Protection Insurance (PPI). It was offered alongside loans, mortgages, credit and store cards, and car finance agreements in the 1990s and early 2000s.
It was meant to cover your payments for a year if you fell ill or lost your job.
But loads of policies were sold to people who would never have been able to claim, while others were paying for the cover without even knowing it.
Millions of pounds of compensation has been paid to victims and while you can no longer lodge a new PPI claim, lenders are still liable to pay back tax which could have been added to payments.
This has lead to an increase in claims firms offering to claw back cash for customers – but they take a slice of the money as a fee.
Deborah has previously made two successful separate PPI claims.
She had been paying for an insurance policy she didn’t need to on a Littlewoods catalogue, and was paying for payment protection insurance she had no idea about on an MBNA credit card.
Deborah got back £1,000 from Littlewoods and a couple of hundred pounds from MBNA.
When Deborah, 48, from…
