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If any of the above are true then you may be a victim of mis selling so I would suggest you get your claim in today and get expert advice to ensure you have the maximum opportunity to win your PPI claims.

The FSA asked all firms to make compensation to people who had been mis sold PPI on their mortgage by the 30th June 2010 but we do not believe this has happened so let us help you submit PPI claims to enhance your chances of success.

The FSA have said they will carry out a further review on mis sold PPI in the mortgage market in the next 12-18 months but we would encourage them to name and shame these companies as part of treating customers fairly so they can either submit PPI claims or write to the firms directly to review their file so they can identify if mis sold PPI has taken place or at least give the customer the opportunity to use a claims management company to see if possible mis selling has taken place on behalf of their clients.

It is rarely pleasant to find out that you have made an invalid purchase, and in these current times of economic decline, losing money can significantly impair a person's standard of living. Fortunately, in the UK, the legal system affords us a great level of protection against certain types of loss, particularly those acquired through no fault of our own, and mis sold PPI is one such loss.

PPI stands for Payment Protection Insurance, and is a type of insurance that is taken out against a loan or an overdraft facility. PPI covers the borrower from certain eventualities that may lead to an inability to repay a loan or an overdraft. Such eventualities may include, but are not limited to, sickness, unemployment, demotion, and even death. This latter category may seem unusual, after all, who is able to repay a loan after they have died, the problem with this however, is that debts are often passed on to the next of kin, and so family members may be saddled with a debt they neither wanted, used, nor can afford to repay.

Over the course of the last 20 years, lenders frequently mis sold PPI to borrowers - particularly those who purchased insurance before the 14th of January 2005. For these individuals, financial redress is possible.

If the lender failed to make clear any exclusion that may invalidate the insurance policy, a claim is possible. For instance, if the lender failed to tell the borrower that a pre-existing medical condition would invalidate the claim, then they acted illegally and action is possible.

If the lender used terms such as 'we strongly recommend you take out PPI', or 'it is in your best interest to take out a PPI policy, and they did not issue a 'demands and needs statement', stipulating how much at risk the borrower was from defaulting on payments, and why PPI is necessary, the PPI was mis sold.

If the lender acted as if PPI was compulsory, rather than an optional extra, the PPI was mis sold.

If the lender failed to inform the borrower that PPI did not cover the full term of the loan or overdraft, the lender acted illegally and financial redress is possible.

It has become a growing cause of concern and the FSA is trying hard to control mis selling of PPI.