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Suggest a CMC - Tried Myself, no luck!
tekton23
Posts: 145 Forumite
Hi,
Since I finished my studies I have had somewhere in the region of 15-20 credit cards and loans with different companies. The reason being that I have been moving around the epic amount of debt that qualifying as an architect resulted in.
I have tried filling the gaps using an Experian credit report to contact the banks to determine if I had PPI. They have mostly said I didn't, but there are gaps in the information for example with EGG (with whom I had a CC and a loan). They have responded to say they can not trace my details.
As I have exhausted what I can do myself, based on the limited information I have ( I shred files after 6 years), I wonder if a claims management company could help.
If they do take a fee like 10-20% that is a price I am prepared to pay, to have someone else do the work and given that I have had no luck myself.
So please recommend a good, safe PPI CMC company if you can? Any success stories, or positive tips much appreciated.
T23
Since I finished my studies I have had somewhere in the region of 15-20 credit cards and loans with different companies. The reason being that I have been moving around the epic amount of debt that qualifying as an architect resulted in.
I have tried filling the gaps using an Experian credit report to contact the banks to determine if I had PPI. They have mostly said I didn't, but there are gaps in the information for example with EGG (with whom I had a CC and a loan). They have responded to say they can not trace my details.
As I have exhausted what I can do myself, based on the limited information I have ( I shred files after 6 years), I wonder if a claims management company could help.
If they do take a fee like 10-20% that is a price I am prepared to pay, to have someone else do the work and given that I have had no luck myself.
So please recommend a good, safe PPI CMC company if you can? Any success stories, or positive tips much appreciated.
T23
0
Comments
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As I have exhausted what I can do myself, based on the limited information I have ( I shred files after 6 years), I wonder if a claims management company could help.
No they cant. Your data is not in the public domain. If you dont know what you had and its longer than 6 years then no-one else will know.So please recommend a good, safe PPI CMC company if you can?
Not sure that is possible. It is a bit like asking which is the shiniest turd.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.0 -
"a fee like 10-20%"
It's generally more like 30%.0 -
It's generally more like 30%.
Plus its subject to VAT at 20%.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.0 -
A report out today shows that CMCs have LESS chance of success than DIY. See here.0
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