Which company to use for PPI?

united4ever

I know you should do it yourself but first, I am busy and secondly, I doubt i will be due anything but worth a shot if it doesnt cost me anything.

So is there a better company to use than others which will do the search and have the lowest percentage (I know it's around 30% anyway).

I got a junk mail from Consumer Refund Service....would they be ok?

I had my first credit card in 2004. Had overdrafts with student bank accounts in the 90s. But otherwise no loans. First mortgage in 2007.

Thanks in advance

[Deleted User]

Never use a company for a complaint, It takes longer, has a lower chance of success and costs you half of any redress.

Just put in your complaint yourself. You can then recreate the experience of using a claims company by flushing half of your money down the toilet.

dunstonh

I know you should do it yourself but first, I am busy and secondly, I doubt i will be due anything but worth a shot if it doesnt cost me anything.

It does cost you something if you succeed.

And if you are too busy to spend the 10 minutes required to raise a complaint directly then you are too busy to spend 15 minutes on the phone with a CMC answering questions and then another 10-15 minutes signing the forms they send out to you.

So is there a better company to use than others which will do the search and have the lowest percentage (I know it's around 30% anyway).

CMCs are also subject to 20% VAT.

I have no intention of helping you select the shiniest turd.

I got a junk mail from Consumer Refund Service....would they be ok?

They have a reputation on this site and are more than willing to take thousands for the cost of a stamp and envelope.

touch*my*food*feel*myfork

I just completed the form direct with the company i wish to claim - it took less that 5 minutes to complete.
I am guessing that it would be longer with a claims company.

[Deleted User]

touch*my*food*feel*myfork wrote: »

I am guessing that it would be longer with a claims company.

The fact that it could cost thousands of pounds rather than an extra few minutes complaining direct should be deterrent enough..