Many of us take advantage of the quieter days over the Christmas break to tackle overdue life admin. Hidden in piles of paperwork or cluttered filing cabinets could be the key to unlocking thousands of pounds in financial redress.
Here are three documents to watch out for while organising your files this Christmas.
PPI Records or “Tipping Point” Letter
There are still millions of pounds of PPI that have not been claimed – if you previously claimed Payment Protection Insurance (PPI) but were refused or didn’t receive a full refund, you could still be eligible for additional compensation.
Any emails or letters from your bank about PPI – especially those mentioning compensation offers or payments – could entitle you to claim back potentially thousands in additional redress—especially if compound interest wasn’t calculated correctly on your original payout.
Read more about PPI Plevin here.
Old Car Finance Agreements
An old car finance agreement could be worth revisiting, now that the Financial Conduct Authority has widened the scope of their investigation of hidden commission fees on Personal Contract Purchase (PCP).
Experts suggest that mis-sold car finance could affect millions of agreements over the past decade: if you’ve kept the original documents, these could be the starting point to claim back significant amounts.
Letter Informing You of a Cyber Attack
Have you ever received a letter from a company informing you that your data was compromised in a cyber-attack?
Under UK data protection laws, companies must safeguard your personal information. If your data was exposed due to negligence—causing distress or financial loss—you might have grounds to claim damages.
So keep an eye out for any notification letters from your bank, retailer, or other service providers about cyber incidents, as these documents could be crucial evidence.
What to do if you find them?
If you come across any of these documents, don’t ignore them.
Reach out to relevant companies, regulatory body, or legal firms to understand your eligibility for compensation.
We have free guides and recommended providers of claims services that can guide you through the process and help you get the redress and compensation you’re entitled.
See all the claims we are promoting here