CIBC Mortgages PPI Claim
PPI Claim Form
Have you ever had PPI with CIBC Mortgages?
If you answer "No" to any of the below questions, there's a very good chance CIBC Mortgages mis-sold you PPI:
CIBC Mortgages should not have added PPI to your agreement without your permission.
CIBC Mortgages should have given you the unpressurised option of having PPI.
PPI would not have been needed from CIBC Mortgages if you had pre-existing PPI cover elsewhere.
CIBC Mortgages should have explained the cost of PPI to you at the point of sale.
If over 50% of your PPI premiums were paid in commission to CIBC Mortgages and this was not explained to you, the "Plevin" ruling means you were mis-sold.
Again, CIBC Mortgages should have given you the option of having PPI or not.
Your right to cancel PPI within the cooling off period should have been explained to you by CIBC Mortgages.
To start your CIBC Mortgages PPI claim, follow our simple 4 step guide above.
My Claim Solved have had great success in reclaiming PPI for customers against CIBC Mortgages and so far we have reclaimed over £42m* for our clients in PPI mis-selling.
If you were mis-sold PPI by CIBC Mortgages, and the claim is successful, you would be entitled to a full refund of PPI premiums you paid to CIBC Mortgages, a full refund of interest charged and compensation interest at 8% per annum on the above sums.
Don't Delay! If you would like to start your PPI Claim against CIBC Mortgages, complete the form at the top of this page.
* PPI refunds obtained through our claims service, amount is prior to our fees plus VAT and any income tax.
Many consumers were mis-sold PPI (Payment Protection Insurance) by CIBC Mortgages, PPI was usually attached to a customer's policy by CIBC Mortgages, in some cases without their knowledge. CIBC Mortgages were known to decline a credit application if PPI was refused by the customer.
CIBC Mortgages PPI wasn't all bad, it was intended to protect borrowers' from being unable to make repayments if they were unable to work due to illness or injury. The problem was how PPI was mis-sold by CIBC Mortgages.
There are many examples of CIBC Mortgages mis-selling PPI, some consumers were not even made aware by CIBC Mortgages that PPI was added to their policy, and if the customer was made aware that PPI had been added, they were not informed by CIBC Mortgages that it was optional.
A new PPI mis-selling factor called "Plevin", which means if over 50% of the PPI premiums you paid were set out as commission to CIBC Mortgages, and this was not disclosed to you at the point of sale, then you would be due PPI compensation from CIBC Mortgages.