PPI is a type of insurance that was sold with loans, credit cards, mortgages and other types of credit, like car finance or catalogue accounts. It was designed to make credit repayments that someone might not be able to make if they were unable to work.
Approximately 64m PPI policies were sold between 1990 and 2010 by banks and other finance providers. so there is significantly high probability that you are owed money under the Plevin ruling.
Select the type of PPI cover below and start your 'Plevin' high commission check to find out if you were overcharged commission on your PPI policy through our Free Plevin PPI Checking service.
What is Plevin?
Well, in 2014 a Supreme Court ruling held that Plevin, a customer of Paragon Personal Finance, had been treated unfairly because she wasn't told about the extortionate amount of commission (71.8%) taken from her PPI payment.
Mrs Susan Plevin had borrowed £34,000 from Paragon Personal Finance through a broker. She paid an additional £5,780 premium for a PPI policy and was told that commission had been paid on the deal, but crucially she was not told how much. It was only later she found that just over £1,600 of her premium had been spent on the policy and the rest had gone in commission.
So, she took them to court. Mrs Plevin's claim went all the way to the Supreme Court which eventually ruled she was owed compensation because the failure to disclose the size of the commission package meant her policy had been mis-sold.
Following the Supreme Court decision in Plevin v Paragon Personal Finance Limited in 2014 the FCA introduced a new rule, known as the Plevin ruling, for PPI claims where banks and other finance providers also had to consider complaints about commission they earned from the sale of PPI.
How we can help with your Plevin PPI Claim
MoneyPlus Legal is a Plevin PPI Claims specialist, whose core focus is on helping consumers who were sold PPI to use all available and possible options to obtain a legal remedy for compensation of undisclosed & high commission from the finance provider.
If you’re unsure whether you are eligible to make a claim under the Plevin ruling please don't worry as MoneyPlus Legal will always conduct a full review of all your PPI credit agreement(s) to establish whether there is a case for unfair relationship.
MoneyPlus legal will use their specialist 'Plevin' PPI claims experience to investigate, negotiate and settle any claim as quickly as possible. Our Plevin PPI Check and claim service is simple and completed on a no win no fee basis* and you will be kept informed throughout the claim process.
Plevin Claims Process
Step 1
Start Your Free
Plevin PPI Check
MoneyPlus Legal will call you to discuss your potential claim, confirm some details & explain the next steps to progress your claim.
Step 2
Sign & Return Our Pre-Filled Forms
MoneyPlus Legal will send out a claim pack with letter of authority to sign & return back so they can start your Plevin PPI check.
Step 3
Your Plevin Claim Eligibility Checked
MoneyPlus Legal will contact the lender(s) to ascertain how much commission was charged on your PPI policy & eligibility for a refund.
Ready to Start Your Plevin Claim?
If you believe you may be eligible to make a commission claim start your free Plevin PPI check with MoneyPlus Legal today. We'll check your finance agreement(s) & any associated PPI policies to establish if you have a valid claim against your bank or finance provider.
MoneyPlus Legal Plevin PPI Service:
- 100% Free - No obligation Plevin PPI check!
- Operates on a No-Win, No Fee Basis*
- No Upfront Fees Required
- Fully Regulated by the SRA