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Payment protection insurance (ppi), also known as credit insurance, credit protection insurance, or loan repayment insurance, is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill or disabled, loses a job. Anyone who has taken out a loan, a mortgage or any form of credit agreement in the past few years will martin lewis' guide on reclaiming £1,000s on ppi yourself, easily, for free. Personal finance expert martin lewis explains how the new plevin ruling could help you claim ppi.
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If you use the online form, you'll get a reference number you can use to track the progress of your claim. If you've got or had a loan, credit or store card in the last six years, you may be able to reclaim £1. Banks and other financial institutions made immeasureable dollars selling ppi since the tables have switched ppi claims are starting out haunt banks and insurance coverage firms. Should you need help, you can call the income tax helpline on 0300 200 3300.