My First PPI claim - advice needed

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I think its about time i started to claim my PPI's.

But do i go in alone OR ring up a company and let them deal with the paper work and stuff...

what would you guys recommend?

Personally I want to go down the route with a company because firstly im not too sure which bank accounts I need to look into as I have had many in the past? And secondly I guess these company will work out from my bank history which claims to put through?

And lastly what percentage of the claim amount do these companies take?

What would you recommend?

Comments

  • dunstonh
    dunstonh Posts: 116,379 Forumite
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    But do i go in alone OR ring up a company and let them deal with the paper work and stuff...

    They dont deal with the paperwork and stuff. They get the information from you. Put it in an envelope and post it. They then sit back and wait until you get paid out and then bill you.
    Personally I want to go down the route with a company because firstly im not too sure which bank accounts I need to look into as I have had many in the past?

    And they wont know that either.
    And secondly I guess these company will work out from my bank history which claims to put through?

    Nope.
    And lastly what percentage of the claim amount do these companies take?
    20-40% plus VAT (at 20%).
    What would you recommend?

    DIY
    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.
  • akhlaq768
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    Thanks for the great reply

    Can you point me in the right direction where I would start
  • [Deleted User]
    Options
    akhlaq768 wrote: »

    Can you point me in the right direction where I would start
    http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance
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