It makes a lot of sense to go for ppi recovery if you have been duped. It is a common practice among banks and financial institutions to add ppi charges along with your loan or credit card interests. The worst thing is that they do not even bother to inform you about it sometimes. Also, there are instances when they even mislead you by saying that ppi cover is compulsory if you are applying for loans or that it would better your chances of getting the loan approved. The banks often take refuge to such unethical means in order to get their ppi sold. A look at the rising number of ppi recovery claims will enlighten you on this malpractice. Every year, thousands of applications are submitted against such missold ppi and the number is ever on the rise. This proves that you are not the only one to get duped in such a manner. However, it is also true that plenty of these applications get rejected every year. This is because they do not have a clear idea about the conditions that make them eligible for such claims. Therefore, you need to be fully aware of everything before you go for such claims so that you can expect to recover the amount.
If you are interested to recover the amount lost through mis-sold ppi, you should consider the idea of taking help from a professional for the purpose. They are best suited for the job and can guide you in the right direction.