Have you ever had PPI with Mercantile Building Society?

You could be owed £1,000s in Mercantile Building Society PPI compensation.

If you answer "No" to any of the below questions, there's a very good chance Mercantile Building Society mis-sold you PPI:

Mercantile Building Society should not have added PPI to your agreement without your permission.

Mercantile Building Society should have given you the unpressurised option of having PPI.

PPI would not have been needed from Mercantile Building Society if you had pre-existing PPI cover elsewhere.

Mercantile Building Society 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 Mercantile Building Society and this was not explained to you, the "Plevin" ruling means you were mis-sold.

Again, Mercantile Building Society 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 Mercantile Building Society.

Start Your Mercantile Building Society PPI Claim

How do I start my Mercantile Building Society PPI claim and what am I entitled to?

Start Your Mercantile Building Society PPI Claim

My Claim Solved have had great success in reclaiming PPI for customers against Mercantile Building Society and so far we have reclaimed over £42m* for our clients in PPI mis-selling.

If you were mis-sold PPI by Mercantile Building Society, and the claim is successful, you would be entitled to a full refund of PPI premiums you paid to Mercantile Building Society, 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 Mercantile Building Society, 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.

Mercantile Building Society & Mis-Sold PPI

Many consumers may have been mis-sold PPI (Payment Protection Insurance) by Mercantile Building Society, PPI may have been added to a customer's policy by Mercantile Building Society, in some cases without their knowledge. Mercantile Building Society may have declined a credit application if PPI was refused by the customer.

Mercantile Building Society 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 Mercantile Building Society.

There are many examples of Mercantile Building Society mis-selling PPI, some customers were not even made aware by Mercantile Building Society that PPI was attached to their policy, and if the customer was made aware that PPI had been attached, they were not advised by Mercantile Building Society 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 Mercantile Building Society, and this was not explained to you at the point of sale, then you would be due compensation from Mercantile Building Society.

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  • Address: My Claim Solved Limited, Tormohun House, Barton Hill Road, Torquay, TQ2 8JH

  • Phone: 01803 322 822

  • Email: info@myclaimsolved.com