Have you ever had a loan or credit card with Mercentile Building Society?

You could be owed £1,000s in Mercentile Building Society PPI compensation if you were mis-sold.

Many consumers were mis-sold PPI (Payment Protection Insurance) by Mercentile Building Society, PPI was usually attached to a customer's policy by Mercentile Building Society, in some cases without their knowledge. Mercentile Building Society were known to deny a credit application if PPI was refused by the customer.

Mercentile 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 Mercentile Building Society.

There are many examples of Mercentile Building Society mis-selling PPI, some consumers were not even made aware by Mercentile 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 Mercentile 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 Mercentile Building Society, and this was not demonstrated to you at the point of sale, then you would be due PPI compensation from Mercentile Building Society.

* PPI refunds obtained through our claims service, amount is prior to our fees plus VAT and any income tax.

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