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Claims Advisory Group are not very clever

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24

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  • Alpine_Star
    Alpine_Star Posts: 1,372 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    PPI2011 wrote: »
    Selling tools such as 'you could reclaim £2,000' is the same as Adidas trying to say you can play like David Beckham if you buy their football boots.....you may, you may not.
    In terms of Claims Advisory Group, my research has shown that they actually charge less then most PPI companies as vat is inclusive in their fees were others are not - Claims Advisory Group 39%inc. other are 25% plus vat (45%).

    Is that an Adidas calculator you're using there? You know, the one that claims you can figure out percentages like David Beckham?
  • J_i_m
    J_i_m Posts: 1,342 Forumite
    Whether a claims company provides a service or not is irrelevant. The sorry fact is that some of them cold call to gain their business, and give misleading information in their effort to secure that business.

    They very much rely on people being uninformed and naive, in my humble view that's every bit as slimy as a bank telling it's customer that they won't get a loan unless they take PPI out etc.

    I'm not saying that PPI and claims companies don't have their use, but it's the way that they are sold to people which is very distasteful.

    When CAG cold called me, they told me that it is illegal to charge interest on a single premium PPI policy, whether that is true or not, I do not know, but it sounded very iffy to me so I researched CAG, and didn't like what I saw. Thankfully I got out before I signed anything.

    Injury compensation claim companies are just as bad as well. I got this phonecall once telling me that I had been involved in a road accident a couple of years ago and that I could claim compensation of thousands. Now, this was very surprising since to my mind I've never been in a road accident in my life!

    It's this technique of going out and selling something to someone who otherwise would not have bought/wanted something. I hate it, it's very seedy.
    :www: Progress Report :www:
    Offer accepted: £107'000
    Deposit: £23'000
    Mortgage approved for: £84'000
    Exchanged: 2/3/16
    :T ... complete on 9/3/16 ... :T
  • PPI2011 wrote: »
    Lets be totally honest
    okay - so you say
    In terms of Claims Advisory Group, my research has shown that they actually charge less then most PPI companies as vat is inclusive in their fees were others are not - Claims Advisory Group 39%inc. other are 25% plus vat (45%).
    Er VAT at 20% on 25% that is 25% X 20% = 5%

    So 25% of the redress plus a further 5% in VAT comes to 30% NOT 45%.
    if you were .... so clever
    you would know this!


    So I have three theories about you, PPI2011:

    1. You are an imbecile;
    2. You actually work for Claims Advisory Group and are making a deliberate but inaccurate claim in order to generate business (i.e. spamming);
    3. Both


      Who else reckons 3 is most likely?
  • amersall
    amersall Posts: 17,035 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Absolutely !! number 3 gets my vote.
  • dunstonh
    dunstonh Posts: 119,624 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Lets see.... A first time poster, supporting a certain claims company and misrepresenting the facts.

    Sounds like 3 to me.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • DO NOT TRUST THIS COMPANY!!!!

    they are constantly calling asking for a mr. pruit and they know for a fact that that person does not live at the phone number they are calling. they then try to completely scam you.

    DO NOT TRUST THEM AND JUST TELL THEM TO F***K OFF!!!
  • They are so thick they called me about PPI and we've NEVER taken out any whatsoever on any borrowings. I asked them to remove me from their database and they told me that they got my details from Transactis...needless to say the CEO of that little lot got a flea in his ear too, copied to Trading Standards and now it's going to my MP.
  • src007
    src007 Posts: 420 Forumite
    PPI2011 wrote: »
    In terms of Claims Advisory Group, my research has shown that they actually charge less then most PPI companies as vat is inclusive in their fees were others are not - Claims Advisory Group 39%inc. other are 25% plus vat (45%)

    Magpiecottage - It must be three.

    Thinking the statement above would go unquestioned on this forum is utterly moronic.

    Think about it PPI2011, you could go into work tomorrow morning, quit your job with the CAG, then drive to the MOJ central office and report everything you know. Why not do it?

    Wouldn't that be more exciting than lying to people?

    Is working for CAG really what you wanted to do with your life? Think about it.
  • ALIBOBSY
    ALIBOBSY Posts: 4,527 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Is that an Adidas calculator you're using there? You know, the one that claims you can figure out percentages like David Beckham?

    Made me chuckle this morning nice one!

    ali x
    "Overthinking every little thing
    Acknowledge the bell you cant unring"

  • ALIBOBSY
    ALIBOBSY Posts: 4,527 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 7 September 2011 at 10:53AM
    Also that company has a cheek using that title. CAG (the consumer action group) is a well known, respected internet forum that has helped thousands claim back bank charges and PPI payments and many of us on here use them frequently. They are everything these claims companies hate, people empowering themselves to fight back against the big boys who have ripped them off, WITHOUT being conned by middle men who just want another cut of your money. For this claims company to deliberately use a simular name is more than a con.
    Even the OFT strongly advise against the use of claims companies.
    The information is on here or other forums who can help anyone make a claim themselves, even if they need step by step instructions-power to the people!

    Ali x

    In fact this company have been calling people and using the CAG name to try to sell to people-its disgusting and they ought to be ashamed-exactly the same sort of con as those using any kind of simular name to MSE money expert etc. Especially as CAG is a registered trademark.
    "Overthinking every little thing
    Acknowledge the bell you cant unring"

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