Please read and advise ...........ppi reclaim

stvthms6

I called a company about ppi claims on my mortgage and my sickness protection cover on this mortgage. They sent me a pack to fill in which i did. The mortgage was only £40,000 15yrs ago. The company is "Investorcompensation" that has got in touch this morning .Congratulations we have won you £7904.55. With our fees which were 30% +VAT . Our fees are £2845.64. Leaving you with £5058.91.
Heres the worry ............ We need your Bank details to pay the £7904.55 and then we then take back £2845.65 !!!!

scamander

Hi there,

But sans coffee here so forgive me being a bit slow. Is the issue about the amount they are taking off you or the fact that they need your bank details??

stvthms6

bank details really. i agreed on 30% although quite high

scamander

I'm presuming they need your bank details to pay the money in? You could always ask for a cheque perhaps? As for the 30%, a lot of these companies have made a good harvest on people. For nearly 3k I would like to know what they did (and I suspect that it involved sending in a couple of forms).