.Anyone can explain me What is PPI Refunds?

[Mary Quant]

I was contacted by PPI Refunds,I think it is somebody trying to sell me something,but i dont know if im wright.Anyone can explain me this better,because they will contact after tomorrow

[jibs]

Basically if you have taken a loan ect... and brought Personal protection Insurance that some companies say you have to have you are entitled to claim these charges back if you don't want or need insurance. These companies you have to be very careful because you can claim your ppi back yourself so beware.

[Fred3663]

Payment Protection Insurance,
The ppi is often added to loans, inflating borrowers' debts and interest costs.
If you haven't had a loan or bought something on credit you won't had ppi.