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Ppi claim
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Sam1814
Posts: 2 Newbie
I started a claim last year with a claims company and never followed through with it.
Could someone tell me if I now do a claim on my own will the company have rights to take 30 percent anyway? And if so is there anything I can do to prevent them from doing this?
Could someone tell me if I now do a claim on my own will the company have rights to take 30 percent anyway? And if so is there anything I can do to prevent them from doing this?
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Comments
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Did you sign the contract with the claims company?
Did they carry out any work?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 -
Yes I signed and yes they liaised with the bank but as my address details hadn't been updated they couldnt proceed. And I just left on the side until now! That was about 10 month ago.0
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As you signed a contract they would argue they should be entitled to a cut but chances are if you complained already the bank may have shut the complaint - depends if they rejected it and said you could go to the FOS or just asked you for more details
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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You need to cancel your agreement with them if you want to do it by yourself, but do it in writing,not over the phone or by e-mail.
Also, be aware, if you do cancel it, you may be charged for work they ahve already done which may be a fair whack.
Your call really.Non me fac calcitrare tuum culi0 -
I am new to the forum.
I recently made a claim for ppi through a claims company, my claim was against RBS Avanta credit card. I discovered recently, a PPI policy, and informed the claims company, they informed me that as the PPI was underwritten by an insurance company they were not liable. Is this fact.0 -
I am new to the forum.
I recently made a claim for ppi through a claims company, my claim was against RBS Avanta credit card. I discovered recently, a PPI policy, and informed the claims company, they informed me that as the PPI was underwritten by an insurance company they were not liable. Is this fact.
The insurance company handles claims. The card provider handles complaints.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 -
I am new to the forum.
I recently made a claim for ppi through a claims company, my claim was against RBS Avanta credit card. ..., they informed me that as the PPI was underwritten by an insurance company they were not liable. Is this fact.
The PPI is usually underwritten by an insurance company.....PPI is insurance.
What exactly did the letter say?Non me fac calcitrare tuum culi0
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