There has been a lot of talk about PPI claims but some people who know that they have been missold PPI do not bother to make a claim. This could be because they think it will be a lot of hard work, be stressful or that they will not get very much money back. However, it can be worth looking into things more.
There is no reason for things to get stressful. You have nothing to lose by making a claim. It is worth going in with the attitude that you may not win and then you will not be disappointed if you do not get anything but the chances are that if you have been missold PPI then you will be able to get back the money that you paid. It might not amount to lots but that will depend on how long you have been paying it for. Imagine PPI on a mortgage over 25 years could really add up, even if the monthly payments were small. It is worth claiming even small amount of money though. You should not have been paying the money out and so you are entitled to get it back. Even a small amount of money can buy you some extra things and it could be more than you thought.
Probably the main thing that puts people off making a compensation claim is the hassle. They think that the form filling and things like that will be difficult. It can actually be surprisingly easy. You just need to make sure that you go about it in the right way. You will find that if you search online, you can find all the relevant forms or letter templates that you need and so it is not difficult at all to make a start. If you really are completely against filling out forms, then you can ask a company to do it for you.
They will charge you for doing it, but you should hopefully get enough money back to be able to pay them to. There are a lot of companies out there offering this service and so you should be able to compare them and choose the one that you think would suit you the best.
So although it seems like there are quite a few disadvantages to making a PPI claim, there are a lot of good reasons for doing so as well. It is good to get back what is rightfully yours and with money tight for most people at the moment, this could really help.