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Firms which chase your ppi charges?

Do they take a percentage or if not...how do they make their dough?

Cheers.

Comments

  • marshallka
    marshallka Posts: 14,585 Forumite
    Do they take a percentage or if not...how do they make their dough?

    Cheers.
    Most firms take a percentage. These all differ. Have you got a claim that you need to do. If you have then most can do this for them self from help on here.

    Have to add that a lot of firms out there are rip off merchants too so be very careful if you are thinking of this way. FOS is finding ways of dealing with MOST PPI complaints now which takes work away from claims management companies.
  • ReggieBlade
    ReggieBlade Posts: 22 Forumite
    edited 19 February 2010 at 1:45PM
    Cheers.

    Well...have a loan with First Plus.And, (after splitting with mrs needed to save some money) I thought of getting the ppi cancelled on my loan.Around 150 a month!When i asked them ..they sent a letter saying..i could but,after all the messing about,etc..i'd be paying a fiver less a month and no insurance!

    It is a 5 year cash-back ppi...it's been going 3.5 years.

    Can i claim do you think?
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