At some point in our lives most of us take out a loan of some kind of another. For lots of us we go to our high street bank for this because we know them and therefore can trust them. However what many people don’t realise is that the banks often add on extras that you don’t need, ask for or even know about.

The great news is that if you are someone that has taken out a loan with one of these ‘extras’ added on you can claim back your money.  It doesn’t matter what type of loan you took out – bank loan, credit card or mortgage, if you have been mis-sold the product then you are entitled to your money back, in full.

PPI claims work on the basis that you had payment protection insurance added onto a loan without your knowledge. Payment protection insurance is not a necessity when it comes to loans so banks should not just be adding this onto loans, however they are.

The great thing about these PPI claims is that you can also claim things like interest on the money you paid the lender when you didn’t need to plus an extra 8% for every year that you have had the money outstanding. The banks know that they are in the wrong for these charges and usually when you make a claim you can expect your money back within 12 weeks.

This money is yours and therefore you are perfectly entitled to claim it back. Over 90% of claims are successful and in a time when many of us are struggling for cash the money can come in really useful.

Why not contact a company such as Gladstone Brookes – They are a specialist PPI company and can deal with your claim from start to finish, helping to make the claim as hassle free as possible.