Stake your claim

Bloo

First thanks for the advice.

I am at the point where Stake Your claim have found there is PPI on 2 credit cards I had. They have sent me forms to sign in order that they can then start talking to the Cos. about the PPI claim. Should I at this point advise Stake Your Claim I wish to cancel (it is outside any 14 day limit) and agree to pay them for their work so far? Then proceed myself to talk to the Cos. about PPI claims?

Much appreciated...cheers

[Deleted User]

ofy wrote: »

I'd do that for you for mmmmmmmm. £100.

Cheapskate! I'd charge the full 25%!


(I'm aware the post I replied to was from March 2013:) )

Nasqueron

Bloo wrote: »

First thanks for the advice.

I am at the point where Stake Your claim have found there is PPI on 2 credit cards I had. They have sent me forms to sign in order that they can then start talking to the Cos. about the PPI claim. Should I at this point advise Stake Your Claim I wish to cancel (it is outside any 14 day limit) and agree to pay them for their work so far? Then proceed myself to talk to the Cos. about PPI claims?

Much appreciated...cheers

Remember that simply *having* PPI is not reason for refund - you must have been missold it.

Remember also that if the bank offsets the refund (if they agree it was wrong) the PPI firm will still charge you their % of your "winnings" even if you receive nothing.

You would have to calculate how much you paid in PPI (assuming it is all refunded) and what you might get back vs what they will charge you for "work done" to see if it is worth it.

I'd cancel personally and take it on myself on the basis that if there was any risk of offsetting they should never have taken it on and should have told you this.