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  • FIRST POST
    • Bluebay
    • By Bluebay 12th Feb 16, 9:13 PM
    • 13Posts
    • 3Thanks
    Bluebay
    Any experience with company FindMyClaims.com
    • #1
    • 12th Feb 16, 9:13 PM
    Any experience with company FindMyClaims.com 12th Feb 16 at 9:13 PM
    Hi Guys, was looking for some advice re the PPI claims company FindMyClaims.com. Has anyone had any experience with them, I can`t find any reviews online either. I am sure I have not had PPI in the last 6 years but this company claim to be able to search back up to 25 years even if I cannot supply any details, I am required to send them my credit file which they claim they will cover the cost of and they will be able to search back.
    I am really unsure about this " to good to be true ".
    Is this a scam to get access to all your financial dealings.
    Any advice would be gratefully received, thanks in advance.
Page 1
    • dunstonh
    • By dunstonh 12th Feb 16, 10:00 PM
    • 89,547 Posts
    • 55,000 Thanks
    dunstonh
    • #2
    • 12th Feb 16, 10:00 PM
    • #2
    • 12th Feb 16, 10:00 PM
    this company claim to be able to search back up to 25 years even if I cannot supply any details,
    And how do they propose to do that if your data is not in the public domain?

    Do they take an up front charge?

    I am required to send them my credit file which they claim they will cover the cost of and they will be able to search back.
    That gives them 6 years. The probably send a speculative complaint to the companies on the 6 year list and maybe a few of the top banks and hope they get lucky. Completely against the CMC rules but there are some that do that.
    I am an Independent Financial Adviser (IFA). 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.
    • Moneyineptitude
    • By Moneyineptitude 12th Feb 16, 10:08 PM
    • 19,316 Posts
    • 9,425 Thanks
    Moneyineptitude
    • #3
    • 12th Feb 16, 10:08 PM
    • #3
    • 12th Feb 16, 10:08 PM
    this company claim to be able to search back up to 25 years even if I cannot supply any details
    Originally posted by Bluebay
    They really really can't.
    I am required to send them my credit file which they claim they will cover the cost of and they will be able to search back.
    Originally posted by Bluebay
    If you have your credit file, you can search through any lenders on there yourself...

    Is this a scam
    Originally posted by Bluebay
    All CMCs are a "scam" in my opinion. But really they are just a waste of money.
    • magpiecottage
    • By magpiecottage 13th Feb 16, 10:45 AM
    • 9,129 Posts
    • 5,584 Thanks
    magpiecottage
    • #4
    • 13th Feb 16, 10:45 AM
    • #4
    • 13th Feb 16, 10:45 AM
    A recent Freedom of Information request from FT Adviser (a subsidiary of the FT) revealed that CMCs were less successful in getting a complaint upheld than DIY.
    • Bluebay
    • By Bluebay 13th Feb 16, 10:56 AM
    • 13 Posts
    • 3 Thanks
    Bluebay
    • #5
    • 13th Feb 16, 10:56 AM
    • #5
    • 13th Feb 16, 10:56 AM
    Hi, Guys, thanks for all the comments and advice,


    dunstonh Do they take an up front charge?


    No upfront charge I think it is 30% + vat on successful claim/s



    As I stated in my original post, I am almost certain I have had no PPI in the last 6 years and I have a recent credit report. Therefore I will not be taking up this CMC with their speculative offer. Much appreciated
    Last edited by Bluebay; 13-02-2016 at 11:04 AM.
    • Pimnico
    • By Pimnico 12th Jun 17, 3:17 PM
    • 1 Posts
    • 0 Thanks
    Pimnico
    • #6
    • 12th Jun 17, 3:17 PM
    • #6
    • 12th Jun 17, 3:17 PM
    Bluebay interested to hear how you got on with FindMyClaims and if you think it saved you some hassle.
    Many thanks
    • Moneyineptitude
    • By Moneyineptitude 12th Jun 17, 4:15 PM
    • 19,316 Posts
    • 9,425 Thanks
    Moneyineptitude
    • #7
    • 12th Jun 17, 4:15 PM
    • #7
    • 12th Jun 17, 4:15 PM
    Bluebay interested to hear how you got on with FindMyClaims and if you think it saved you some hassle.
    Originally posted by Pimnico
    User Bluebay last logged into this site in February 2016, I doubt he'll return to answer your query.;
    http://forums.moneysavingexpert.com/member.php?u=229438

    He did say he planned on not using a Claim Company..

    Claims companies save you nothing, they are not less "hassle" and they cost you hard cash...

    EDIT; Have you perhaps bumped up this thread because it's title is basically advertising the name of a claim firm? Do you perhaps work for this firm?
    Last edited by Moneyineptitude; 12-06-2017 at 10:53 PM.
    • Brokerwise
    • By Brokerwise 14th Jun 17, 9:48 AM
    • 166 Posts
    • 72 Thanks
    Brokerwise
    • #8
    • 14th Jun 17, 9:48 AM
    • #8
    • 14th Jun 17, 9:48 AM
    Bluebay interested to hear how you got on with FindMyClaims and if you think it saved you some hassle.
    Many thanks
    Originally posted by Pimnico
    Yes, they found out that Bluebay was on the PPI database and a such received auto payout compensation on several financial instruments he never even know he had and they only charged him 87.5% of his compensation plus VAT but only 15% VAT as FindMyClaims have a special agreement with HMRC
    • socks_uk
    • By socks_uk 16th Jun 17, 7:47 PM
    • 2,693 Posts
    • 2,091 Thanks
    socks_uk
    • #9
    • 16th Jun 17, 7:47 PM
    • #9
    • 16th Jun 17, 7:47 PM
    and they only charged him 87.5% of his compensation plus VAT but only 15% VAT
    Originally posted by Brokerwise
    Am I not understanding something? he was 'only' charged 87.5% ???

    I've found lots of paperwork for financial products I've had over the years that I have no clue if I had PPI on them and I'd be willing to pay up to 30%.

    Where do I start looking?
    Did you wonder where the photo was taken?
    Somewhere above the clouds over Germany on the way back from Prague August 2009!
    Hand typed by me!
    -x-
    • societys child
    • By societys child 16th Jun 17, 8:07 PM
    • 4,551 Posts
    • 4,852 Thanks
    societys child
    Woosh . . .

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