Right after years of systematic mis-selling by the

Right after years of systematic mis-selling by the finance institutions and other financial institutions, PPI (Payment Security Insurance) claims are now all the rage and you may hear many successful stories in regards to the thousands of pounds claimants have received.

You always learn about the 'easy process' and 'how quick my claim was settled'. Unfortunately there is also a large proportion of consumers who are finding that the lenders are not therefore forthcoming, despite the high court ruling that mis-sold PPI has to be repayed, in many cases 'PPI rejected' is becoming the most popular theme.

What are PPI Claims?

Simply put, you would have been paying for payment protection insurance plan on your loan or credit card. In many cases PPI can be a valid, required insurance plan and considered a sensible policy to obtain. However there was a period where PPI was mis-sold, a lot - You might fall into the mis-sold category for numerous sorts reasons - see the list underneath for the top 6 reasons. If the PPI was mis-sold you have a PPI claim; a right to claim back the money you paid on the policy.

Reasons you may have a PPI claim:

Your lending institution has already been fined?

You had medical concerns in the past?

You were self-employed, unemployed or retired?

You were advised of or even sold the wrong thing?

You didn't realise you had cover?

You were advised it was compulsory?

I put in the PPI claim and the response appeared to be PPI rejected - now what?

'PPI rejected' is frustrating to see, specially when you are quite sure your promise is legitimate. But if the lenders are saying 'PPI rejected' there is not much I am able to do right? Wrong! Do not be worried, this is not the end of the road. Though there is a high court ruling for the lenders it would appear they are continue to trying to avoid paying where attainable. 'PPI rejected' should be translated because 'we are trying to fob you away from and hope you will give up! '

Your response should be to appeal. You may appeal ppi claims company to the Financial Ombudsman who will review your case and make a final ruling. If you do not wish to do this yourself there are lots of professional organisations such as Claimspower who are able to appeal your PPI claim to get the PPI rejected decision. Don't lose heart. If at first you cannot succeed try again, after all we could potentially talking about thousands of pounds here, you paid out when you shouldn't have done.