Claims Financial are no longer accepting new PPI claims. Please note that the information provided on this website is no longer up to date.

How much PPI Compensation?

How much is your claim?

PPI does not come cheap. This table, gleaned from information from 270 Citizens Advice Bureaux across the country, shows roughly what percentage of a loan amount is typically made up of PPI payments - anything from 13% to a whopping 56%.

Loan Type

Loan
amount

PPI
premium

Premium as a percentage
of total loan

Unsecured personal loan

£8,993

£2,217

25%

Unsecured personal loan

£11,000

£5,133

47%

Hire purchase for car

£5,059

£2,157

43%

Hire purchase for care

£6,895

£2,317

34%

Unsecured loan

£5,600

£744

13%

Secured loan

£25,000

£12,127

49%

Secured loan

£35,000

£10,150

29%

Conditional sale for car

£4,300

£2,394

56%

Unsecured personal loan

£13,000

£3,367

26%

Source: citizensadvice.org.uk

This means that if you have paid off a secured loan, half of the payment could have been purely to cover the cost of mis-sold PPI - a cost that you may be able to claim back.

PPI is incredibly expensive, and if there is a likelihood that you have been mis-sold PPI, Claims Financial can help.

We claimed £27,347,402 in 2012 *** Average payout £2,504.76

Testimonials

I would like to thank you sincerely for all the work you have done in all my claims. Your hard work is very much appreciated, and I shall not hesitate in recommending your services to all of my family and friends.

L Fever

I just had to put pen to paper and write to say I'm more than delighted with my settlement that you won me back from my PPI I had with Lloyds TSB. The Claim Forms were simple to fill in. It was a breeze.

Mr R Evans