Making an affordability claim is easy and simple. But you need to know how likely you are to win compensation. Knowing the chances of your claim of being upheld by your lender for your claim is important because it could save you time and energy. You’ll need to deliberately and carefully think before you decide to make a claim as to the prospects of success. So how do you know that you have a high chance of claim? You will know that you have a high chance of your claim once you determine every important aspect of your claim. The solidity and strength of your evidence - Your evidence will determine the reasonable chance of winning a claim. For an affordability claim, the best evidence you’ll need is your credit file or credit history and financial statements since an affordability claim is a complaint against a lender or creditor for irresponsible lending and for failing to do a proper affordability check before granting you loans. For a mis-sold insurance claim you need to prove that you were never given accurate information about how the policy works. The entity that the claim can be made against – This refers to any of the following: financial institution, creditor, lender, and the bank that provided the loans or the company providing the mis-sold insurance. The financial institution, creditor, lender, and the bank that provided the loans or the company providing the insurance has a duty of care to the claimant and was negligent in fulfilling that duty – This means that there was irresponsibility on the part of the entity and that you the claimant was untreated fairly. The grievance, injustice, and stress of the claimant – You need to support your evidence with how great you were affected by the negligence of your lender, creditor or the company providing the mis-sold lending or mis- sold insurance. If those above mentioned are complete and you have evaluated or assessed that you have all that it takes to file a compensation claim, then you are likely to have a high chance of winning a claim. If you are having a hard time determining if you have a high chance of a claim and you don’t have enough time and energy to collate all those needed for your claim. You can always check with a Claims Management Company that can assist you with your claim. You’ll never know if you don’t try, you might be entitled to hundreds or thousands of pounds in compensation.