Ppi

[Deleted User]

P.W._Racher wrote: »

Because like the majority of people think, I can not do what a legal firm can..

That's very unfair on the majority. Nearly everyone can buy a stamp and post a form.

[Deleted User]

P.W._Racher wrote: »

Like the majority I can not do what a legal firm can.

If that is the case, then how is it that many many successful PPI complaints are made without recourse to expensive "legal" firms?

Basically, you were ripped off first by being mis-sold PPI and now you are allowing yourself to be ripped off again by paying a firm to put a stamp on the envelope containing the complaint that you made yourself by filling in the Claim Company's form.

P.W._Racher wrote: »

i wrote on this site for impartial advice.

You've asked here far too late for anyone to help you now.

At the start of this thread you were demanding a 100% refund, but you'd already needlessly signed 36% of it away, I'm afraid.

-taff

The CMC tell you to tell them what the banks 'offer' because if you didn't, they would have no way of knowing what the outcome was, since banks don't give the money to the CMC and then the CMC gives it to you, the banks give it to you, then you pay the CMC over 30% for the price of a stamp.


CMCs legal? I had a very good belly laugh about that. PPI complaints are free, SARs are free, stamps cost money. Actually, you could have gone on the banks website and complained directly to them [which is written in black and white on all of the major banks websites] and it wouldn't even have cost you a stamp. You could have used Resolver [ also free apart from their annoying habit of selling on your details to marketing firms].


I would recommend in future if you have a problem with anything, do a little bit of research first before employing anyone to do anything for you.




P.S. I wouldn't consider not paying the CMC if I were you, if you signed a contract, they'll take you to court.

~Brock~

I, like many on this site, have had grave concerns about CMCs for many years. They are typically set up by the type of individuals that hop around from one get rich quick scheme to another and usually leave a trail of destruction in their wake.

Their business plan is simple - extract as much up front cash as possible and stay ahead of any real accountability for as long as possible, despite what your marketing and other promises may state.

As others have said, they do absolutely nothing that can't be done yourself for the price of a stamp and a couple of minutes of form filling.

As is typical, regulation has been ten years too late in catching up with them and during that time they have routinely abused a complaints and redress process that was never intended to be the subject of commercial gain, which has driven up costs for all concerned and ultimately been paid for by us all by way of ongoing product pricing. Nothing comes for free.