In 2014, Mrs Susan Plevin took Paragon Personal Finance to court. Paragon had charged Mrs Plevin 71.8% of her PPI premium as commission, without letting her know. The Supreme Court ruled that this constituted an ‘unfair relationship’, resulting in a refund for Mrs Plevin.
Who can claim:
- Anyone who has received a partial refund of their PPI premium on the basis of a ‘tipping point’ offer: this is where the lender refunds the difference between the percentage commission actually charged in the premium and 50%
- Anyone who has had a PPI claim rejected on the basis that it was not mis-sold: in these cases, we will need to apply to your lender on your behalf for more information. This takes the form of a Data Subject Access Request or ‘DSAR’
- Generally speaking, you have six years to make your claim from the date you became aware of the undisclosed commission
What will Check A Claim do for me?
We have many years of experience reviewing Plevin cases. We will review your case and if we think you are likely to make a successful claim, we will introduce you to one of our panel of solicitors who specialise in Plevin claims. They will run the case on your behalf under a ‘no win, no fee’ agreement. In other words, you will have nothing to pay if your claim is not successful, subject to their terms and conditions. Once your case has been accepted and you have signed the solicitor’s document pack, there is little else for you to do other than wait for your lender’s reply. In most cases, this comes in the form of a cheque for compensation