First Direct PPI Claim
PPI Claim Form
Have you ever had PPI with First Direct?
If you answer "No" to any of the below questions, there's a very good chance First Direct mis-sold you PPI:
First Direct should not have added PPI to your agreement without your permission.
First Direct should have given you the unpressurised option of having PPI.
PPI would not have been needed from First Direct if you had pre-existing PPI cover elsewhere.
First Direct 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 First Direct and this was not explained to you, the "Plevin" ruling means you were mis-sold.
Again, First Direct 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 First Direct.
To start your First Direct PPI claim, follow our simple 4 step guide above.
My Claim Solved have had great success in reclaiming PPI for customers against First Direct and so far we have reclaimed over £42m* for our clients in PPI mis-selling.
If you were mis-sold PPI by First Direct, and the claim is successful, you would be entitled to a full refund of PPI premiums you paid to First Direct, 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 First Direct, 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 customers may have been mis-sold PPI (Payment Protection Insurance) by First Direct, PPI may have been attached to a customer's policy by First Direct, in some cases without their knowledge. First Direct may have declined a credit application if PPI was refused by the customer.
First Direct 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 First Direct.
There are many examples of First Direct mis-selling PPI, some consumers were not even made aware by First Direct that PPI was added to their policy, and if the customer was made aware that PPI had been added, they were not advised by First Direct 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 First Direct, and this was not demonstrated to you at the point of sale, then you would be due compensation from First Direct.