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  • FIRST POST
    • Quickblood
    • By Quickblood 19th Mar 17, 4:49 PM
    • 261Posts
    • 289Thanks
    Quickblood
    Is there a recommended Claims management company?
    • #1
    • 19th Mar 17, 4:49 PM
    Is there a recommended Claims management company? 19th Mar 17 at 4:49 PM
    I don't have much paperwork and I suspect I only had PPI with Littlewoods many years ago. I don't have patience to hunt down all my closed accounts to find out if I had PPI. So it's a claims company or I'd probably give up but is there a preferred company?
    2007 Won Ipod 30GB Video Sold on ebay for £136.51
    Total Winnings in 2007 = £136.51
    Total Winnings In 2008/2009/2010 = £0
    Total Winnings In 2011 = £305.37 (49s Lotto)
    Total Winnings In 2012/2013/2014/2015/2016 = 0
    Total Winnings This Year = £0
Page 1
    • dunstonh
    • By dunstonh 19th Mar 17, 5:55 PM
    • 86,895 Posts
    • 52,047 Thanks
    dunstonh
    • #2
    • 19th Mar 17, 5:55 PM
    • #2
    • 19th Mar 17, 5:55 PM
    So it's a claims company or I'd probably give up but is there a preferred company?
    That is a bit like asking what the shiniest turd is. However, I think you don't understand what a CMC does. They do not hunt down what you have paid. They can check your credit record (just as you can free and easily using noddle) and that will show the last 6 years credit history. Some will check land registry to see what secured loans you have had. However, that is it. Beyond that, your data is not in the public domain. They need you to tell them.
    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.
    • Quickblood
    • By Quickblood 19th Mar 17, 6:12 PM
    • 261 Posts
    • 289 Thanks
    Quickblood
    • #3
    • 19th Mar 17, 6:12 PM
    • #3
    • 19th Mar 17, 6:12 PM
    I was under the impression that you give them permission to track down past accounts on your behalf using that data & check if you've paid PPI.

    If I have to start filling in forms unfortunately I already know I won't.
    2007 Won Ipod 30GB Video Sold on ebay for £136.51
    Total Winnings in 2007 = £136.51
    Total Winnings In 2008/2009/2010 = £0
    Total Winnings In 2011 = £305.37 (49s Lotto)
    Total Winnings In 2012/2013/2014/2015/2016 = 0
    Total Winnings This Year = £0
    • Moneyineptitude
    • By Moneyineptitude 19th Mar 17, 8:55 PM
    • 18,152 Posts
    • 8,463 Thanks
    Moneyineptitude
    • #4
    • 19th Mar 17, 8:55 PM
    • #4
    • 19th Mar 17, 8:55 PM
    I was under the impression that you give them permission to track down past accounts on your behalf
    Originally posted by Quickblood
    No, you give them permission to "represent" you in PPI complaints; for which they charge fully a third of anty redress awarded (plus VAT).

    Form filling is done only by you..
    • Quickblood
    • By Quickblood 19th Mar 17, 9:27 PM
    • 261 Posts
    • 289 Thanks
    Quickblood
    • #5
    • 19th Mar 17, 9:27 PM
    • #5
    • 19th Mar 17, 9:27 PM
    No, you give them permission to "represent" you in PPI complaints; for which they charge fully a third of anty redress awarded (plus VAT).

    Form filling is done only by you..
    Originally posted by Moneyineptitude
    Really, So what's the point of them then?

    I can see why so many don't bother to claim. I saw HSBCs claim form and that put me right off. Let alone trying to track down other accounts I've had in the last 6 years.
    2007 Won Ipod 30GB Video Sold on ebay for £136.51
    Total Winnings in 2007 = £136.51
    Total Winnings In 2008/2009/2010 = £0
    Total Winnings In 2011 = £305.37 (49s Lotto)
    Total Winnings In 2012/2013/2014/2015/2016 = 0
    Total Winnings This Year = £0
    • Moneyineptitude
    • By Moneyineptitude 19th Mar 17, 10:07 PM
    • 18,152 Posts
    • 8,463 Thanks
    Moneyineptitude
    • #6
    • 19th Mar 17, 10:07 PM
    • #6
    • 19th Mar 17, 10:07 PM
    Really, So what's the point of them then?
    Originally posted by Quickblood
    To make (lots of) easy money of course!
    • dunstonh
    • By dunstonh 19th Mar 17, 10:12 PM
    • 86,895 Posts
    • 52,047 Thanks
    dunstonh
    • #7
    • 19th Mar 17, 10:12 PM
    • #7
    • 19th Mar 17, 10:12 PM
    Really, So what's the point of them then?
    Many people that have been mis-sold PPI are very easy marks to be mis-sold again. They can make out that it is so much effort and they will do all the work. In reality, it takes very little to complain and the process is painless.

    I saw HSBCs claim form and that put me right off.
    When you have a solid nailed on complaint reason, you dont need to use that sort of form. It is used for people that dont know if they were mis-sold or not.
    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.
    • Quickblood
    • By Quickblood 21st Mar 17, 9:59 PM
    • 261 Posts
    • 289 Thanks
    Quickblood
    • #8
    • 21st Mar 17, 9:59 PM
    • #8
    • 21st Mar 17, 9:59 PM
    When you have a solid nailed on complaint reason, you dont need to use that sort of form. It is used for people that dont know if they were mis-sold or not.
    Originally posted by dunstonh
    I suspect I paid PPI but I don't have much if any paperwork and I was an unemployed student at the time so it would have been useless.
    I guess I'll have to knuckle down and write letters.
    2007 Won Ipod 30GB Video Sold on ebay for £136.51
    Total Winnings in 2007 = £136.51
    Total Winnings In 2008/2009/2010 = £0
    Total Winnings In 2011 = £305.37 (49s Lotto)
    Total Winnings In 2012/2013/2014/2015/2016 = 0
    Total Winnings This Year = £0
    • Nasqueron
    • By Nasqueron 22nd Mar 17, 7:57 AM
    • 3,969 Posts
    • 2,188 Thanks
    Nasqueron
    • #9
    • 22nd Mar 17, 7:57 AM
    • #9
    • 22nd Mar 17, 7:57 AM
    I suspect I paid PPI but I don't have much if any paperwork and I was an unemployed student at the time so it would have been useless.
    I guess I'll have to knuckle down and write letters.
    Originally posted by Quickblood
    PPI firms don't know your data as it's not publicly available, just write to or ring any firms you think you had finance with and ask
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