How the Nationwide PPI Scandal Started
Nationwide, along with many of the other high street banks and building societies, started selling PPI policies to their customers over a decade ago. A lot of the time customers were sold PPI that they didnt want, didnt need or that had little chance of paying out in the event of a claim.
The good news is that the Financial Services Authority sat up and took action. Their regulations now control the sale of payment protection insurance across the industry and also give customers more rights when it comes to claiming back compensation.
What To Do Next If You Are a Nationwide Customer
You may have already received a letter from Nationwide if you were sold PPI at any point in the last few years. Even if your agreement has expired or you stopped paying PPI premiums a long time ago, you could still make a claim.
One call to our friendly team is all it takes to assess your claim eligibility and give you a good idea of the amount you could claim for. You could realistically be entitled to hundreds and even thousands of pounds depending on the amount you have paid and the circumstances.
Nationwide has set aside £16 million to cover PPI compensation claims and we have helped many customers to claim back their share of the pot. Get in touch with our expert team today to have your claim processed quickly and with the best outcome.