Am I eligible?

Answer these 4 simple questions to see if you can make a PPI claim.

Do you have or have you had a secured or unsecured loan? Yes        No
Were you sold payment protection insurance (PPI) with the loan? Yes        No
Was the cost of the insurance added to the amount you borrowed? Yes        No
Was the amount you borrowed at least £3,000? Yes        No
Can I claim?
How much could I claim?

Our dynamic payment protection insurance (PPI) calculator will give you an estimate of how much money you could get back by making a PPI claim…

The calculator assumes a fixed loan interest rate of 10% per annum and PPI premium of 25% of the loan amount. Your actual loan interest rate and/or PPI premium may differ from these which could increase or reduce the total compensation you receive.

If you have cancelled your PPI and received a rebate, or have made a successful claim on your PPI policy, this will reduce the amount of compensation you could receive.

If your loan is still live, some of your compensation may be used to reduce your loan balance.

Enter Loan Amount excluding the PPI
Enter Year the Loan was taken out (YYYY)
Calculate

Costs

No win, no fee

GiveMeMyMoney operates on a ‘No Win - No Fee’ basis, meaning that we don’t charge you a single penny until we have won your case. This may sound risky on our part, but our rate of success is so High that if we start working for you, we are confident of getting your money back provided you do not cancel your contract with us.

Client Services

From start to finish, GiveMeMyMoney manages the entire process of recovering your mis-sold PPI. Our scope of services consists of:

Assessing Your Claim

With your loan documents we can quickly determine how much money you could be owed. In some cases, you may be eligible to make multiple claims and get back more than you expected.

Handling Your Claim

We will submit a formal claim directly to your lender, referencing relevant laws, rules and codes of practice. It is highly likely that we will have dealt with your lender many times before, so the lender will know better than to offer an unfair settlement.

We will negotiate the best possible settlement, or if the lender is unwilling to pay, we will take your case directly to the Financial Ombudsman or, in some cases, the Financial Services Compensation Scheme.

Paying Your Claim

In most cases your compensation will be paid directly to you by your lender. If your loan is still live, some may be used to reduce your loan balance. We will issue an invoice to you for our fees plus VAT. In some cases your compensation is paid into our Client Account. In these cases we will deduct our fee and VAT, paying the balance to you.

Keeping You Informed

Our lines of communication with you are always open via telephone, text or email. We will keep you fully informed at all times, including the date when you can expect to get your money back. You can also securely track the progress of your case on line via our case management system.

Fees

Our fee structure is simple—for loans of £5,000 and over (excluding the cost of the payment protection insurance) you pay us 25% of the amount we recover for you, plus VAT. For loans of under £5,000 (excluding the cost of the payment protection insurance) you pay us 30% of the amount we recover for you, plus VAT. And remember, you only pay after we’ve made a successful claim. If we don’t win your case, you pay nothing.

Here’s a table with some examples (in £):

Loan SizeAmount RecoveredOur FeeVATTotal FeeTotal You Receive
£3,000 £1,000 £300 £60 £360 £640
£5,000 £1,250 £312.50 £62.50 £375 £875
£10,000 £2,500 £625 £125 £750 £1,750
£25,000 £6,250 £1,562.50 £312.50 £1,875 £4,375

 

 

Am I eligible? How much could I claim?