PPI had you spend about £3000 for an insurance policy that never will deliver because you were ineligible or you did not really need the insurance. But the amount of £3000 was really off of your mind during that time. All you wanted was to have your financing or your mortgage as soon as you could.
Now that it is out in the open, most people, including you, may find that it is money worth saving. A great many successful claimants had used their money to buy clothes or appliances, or even use the money for car or housing downpayments.
Economic analysts even said that it was equivalent to an economic stimulant in 2013 after many people used their products for Christmas shopping. An economic stimulant is equivalent to 1% of the country’s GDP.
Maybe you should ask yourself: How far can I claim back PPI?
And then ask the experts to confirm that profitable suspicion. You never know; you might have more than £3000 in store for you.