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Hidden PPI
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# 1
davejb
Old 09-03-2011, 6:53 PM
MoneySaving Newbie
 
Join Date: Jan 2007
Posts: 1
Default Hidden PPI
Received phone call from We Fight Any Claim.com offering to claim missold ppi which they said had been hidden in higher interest and not made apparent to me at the outset of my mortgage.
Without me providing any specific information they estimated I could expect £5k plus
They wanted a substantial fee to begin the process.

Is there an alternative to this offer


Davejb
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# 2
dunstonh
Old 09-03-2011, 7:18 PM
Mega Magnificent Maxi-Meticulous Uber-MoneySaving Magnate
 
Join Date: Apr 2004
Location: Norfolk
Posts: 75,913
Default
Quote:
Received phone call from We Fight Any Claim.com
Be wary. This is a near scam company. They are aggressively cold calling people telling them a load of porkies.

Quote:
offering to claim missold ppi which they said had been hidden in higher interest and not made apparent to me at the outset of my mortgage.
How do they know that?

Quote:
Without me providing any specific information they estimated I could expect £5k plus
and how do they know that?

(the answer to those two questions is that they dont. Its a random figure designed to get you to listen to them).

Quote:
Is there an alternative to this offer
The first thing is, do you even have MPPI? The second thing is, were you mis-sold it?
I am a Financial Adviser. Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from a Financial Adviser local to you.
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