You can be eligible for a Plevin claim even if your PPI claim was rejected – which is around 1.2 million people in the UK
You could be entitled to a Plevin Claim if your PPI claim was rejected, or even you were charged extra commission when you purchased PPI.
Forces Compare have partnered with the outstanding Claims Bible to help you get Plevin compensation from £300 or even thousands of pounds.Get Started >>
Can I Make a Plevin Claim? What is Mis-sold Plevin?
We all know about the PPI scandal which refunded more than £38 billion to British consumers. The PPI refers to the additional “payment protection insurance” which was mis-sold on everyday financial products such as things like mortgages, loans and car finance.
When brokers and companies were selling you PPI, there should have only been a maximum of 50% commission added, but in some cases this was more, with the average amount of commission charged at 67% or some as high as 80%.
“Plevin” is essentially that gap in overcharged commission and now thanks to Susan Plevin who took Paragon Personal Finance to court and won – and the green light from The Financial Ombudsman – you can get this commission back through a Plevin claim and receive 8% on top in compensation as well.
Mis-sold Plevin Example:
If you had borrowed £10,000 over a 5 year term and this was before 2019 from a bank or lender, your refund would be around £500 in Plevin.
Am I Eligible for a Plevin Claim?
- You purchased a credit card through MBNA or Capital One (high success rate)
- You have never claimed PPI
- Your PPI claim was rejected (around 1.2 million people)
- You had a PPI refund but did not include the Plevin commission
- You bought PPI before 6th April 2007 and it is still ‘open’ after 6th April 2008
- You bought PPI after 6th April 2007
To check your eligibility, simply click on the button below. Our partner at Claims Bible requires just a few bits of information and will process your application as quickly as possible. You should hear back in just a few weeks and if successful, you can receive your complete refund in one lump sum.
What is The Deadline to Make a Plevin Claim?
There is no deadline for mis-sold Plevin claims, unlike the deadline for PPI which was issued. This means that you can make a claim for Plevin anytime, with no end date in sight. But the earlier you make your claim, the faster it will be processed and more likely that it will be successful. No doubt that once Plevin becomes more mainstream, it will become very saturated and companies will be more reluctant to honour refunds.
Who Can I Make a Plevin Claim Against?
Plevin refunds can be issued against pretty much all banks and lenders in the UK, specifically those involved in mortgage lending, personal loans, credit cards, car finance, catalogue firms and more – or essentially anyone also involving in misselling PPI, including.
There were 64 million PPI policies issued originally and £35 billion has been paid out from the following vendors:
- Black Horse
- Capital One
- Co-operative Bank
- M&S Bank
- Royal Bank of Scotland (RBS)
Why Use Forces Compare To Claim Plevin Compensation?
Forces Compare is an independent price comparison site and with expertise in financial products and claims, we have helped tens of thousands of customers so far to reclaim millions of pounds.
With a strong network and partners such as Claims Bible, you can submit a claim online within minutes, completely free of charge.
We work on a ‘no win, no fee’ basis so that you can apply for free and have nothing to lose. We will work hard to process your claim as quickly as possible, only taking a small fee in commission.
With a fully online process, you can start your Plevin claim by clicking on the button below:
Frequently Asked Questions About Mis-sold Plevin Claims
- What is the Average Plevin Compensation Payout?
- I Was Rejected for PPI, Can I Still Get Plevin Compensation?
- How Long Will It Take To Receive My Payout?
- Do Your Charge Commission for Processing My Claim?
- What Information Do I Need When Applying?
- Where Can I Find More Information?
Plevin claims start from around £300 and can go up to several hundreds or thousands of pounds. It is not unusual to receive £1,000 or £3,000 in compensation through mis-sold Plevin.
Yes, absolutely, the PPI deadline does not apply in the case of Plevin, because the deadline is endless.
In addition, by simply having PPI, you may have been overcharged commission and this is where you may be able to claim money back.
In 2019, the FCA ordered financial lenders to contact around 150,000 clients who had their PPI claims rejected and to inform them that they could make a new complaint for Plevin.
Your claim will be processed immediately and will typically take a few weeks to be paid out, with our team giving you updates along the way.
Yes, to process your claim in the most successful and time-effective way, we take a small fee as commission. This will be clear and proposed to you in writing before you proceed.
The more information you have about the financial product you purchased will only help secure your claim. This includes:
- Supporting documents of the product taken out
- Clear start dates
- Any information about the PPI you have purchased