Claim Back PPI
If you have been mis-sold PPI (payment protection insurance) for either a loan or a credit card you may be thinking of claiming back the money you are entitled to. There are a couple of ways that you can claim back PPI; the first is to go through the process handling everything yourself. The other is to use a Financial Claims Management Company. The following gives you information on both ways so that you can decide which the best method is for you.
Reclaiming PPI – What Is Best Option ?
The only advantage of claiming PPI yourself is that you will save money because you can avoid an agent’s commission. The main dis-advantage to reclaiming PPI yourself is that the process will take a much longer than if you choose an agent. Agents know the methods that the banks/ loan companies will use to try and drag out the whole process, and to be fair do you have the time to be writing endless letters to and fro while it is decided if you have a claim or not?
You will increase your chance of reclaiming PPI if you use a Financial Claims Management Company. As they have people employed just to do this they are aware of all that is needed to be done, you have a team working for you instead of being on your own. All that you need to do is fill a form in with your agent and then they will handle everything else. Usually the process is a lot quicker and in many cases can be completed in as little as 3 months. Yes you will have to pay a commission to the agent but there is a “no win, no fee” practice, which means you will pay nothing if your claim on PPI is denied.
There are advantages and dis-advantages for both methods on doing a PPI Reclaim , but the most beneficial and easiest option is to use an agent. You will either get your reclaimed PPI and pay a small commission or your claim will be denied and you will pay nothing.
You have nothing to lose by talking to an agent today – and you may just benefit a great deal!
You Can Speak To A PPI Claims Advisor Without Obligation By Calling 0161 6158171
Or simply fill out the form below and we will contact you.
