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Ppi claim companies

Hi wondered if someone can help please recently I went with a company called owl claims as kept getting calls from them regards ppi I was convinced that I never had ppi eventually I gave into this company they sent me paperwrk I sent bak an my claim started ended up I did have ppi with one bank only
Now ive realised they charge around 28% when I could have done this myself now that I spoke to owl claims they say I wil have to pay 250 pounds to cancel is thyrr any way out for me now?

Comments

  • DevCoder
    DevCoder Posts: 3,362 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    No, you entered into a binding contract with them.
  • dunstonh
    dunstonh Posts: 121,282 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    First you were mis-sold PPI. Now you think you were mis-sold the CMC. You really need to take more care before signing forms.
    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.
  • Insider101
    Insider101 Posts: 1,062 Forumite
    Naz_maj wrote: »
    Hi wondered if someone can help please recently I went with a company called owl claims as kept getting calls from them regards ppi I was convinced that I never had ppi eventually I gave into this company they sent me paperwrk I sent bak an my claim started ended up I did have ppi with one bank only
    Now ive realised they charge around 28% when I could have done this myself now that I spoke to owl claims they say I wil have to pay 250 pounds to cancel is thyrr any way out for me now?

    Under MOJ regulations they are required to make you aware that you have the right to make a complaint directly to the bank in question. If they didn't then I suggest you make a complaint to them alleging that they failed in their duty. That said though, it probably will be in the small print somehwere.
  • Insider101 wrote: »
    That said though, it probably will be in the small print somehwere.
    It will be in the contract, otherwise people would be making this complaint on a regular basis and Claims Companies have pretty watertight contracts to circumvent this.

    Always worth checking, however.
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