Many people were mis-sold PPI and were not even aware of it. However, since the racket was brought to the public attention, several people have come up with claims. No wonder some insurance companies have initiated the use of the PPI calculator and are providing the services free of charge online. It is therefore a bright idea to find out the amount owed to one before making a claim. Since the service is free online, all one has to do is fill in the required details of the loan and they are able to view whatever they are owed. More info can be found here at about PPI and PPI calculator.
Several financial institutions were not willing to reimburse cash to those who made claims. And before the PPI calculator came into the limelight, claimants were not paid the genuine amounts owed since many could not work out the amounts. But with the PPI calculator, now everyone who was mis-sold on PPI can go to the insurer with the right amount they expect to get back. This includes interest as well. All one has to do is set the path to make claims by knowing whatever they are owed, file for PPI claims and if they are not handled appropriately, they can seek the ombudsmans intervention.