Good PPI companies recommendations?

QQQ

Can you guys recommentd good PPI claim companies which work hard and do not charge an arm and a leg?
(yes, I know I can do this on my own for free but I'd rather pay someone else to do this job for a cut in what is recovered)

dunstonh

Can you guys recommentd good PPI claim companies which work hard and do not charge an arm and a leg?

We can but we won't. No-one on the forums recommends paying silly money to a CMC just for putting a stamp on an envelope and sending it to the same address you would use if you sent the same form yourself.

QQQ

dunstonh wrote: »

We can but we won't. No-one on the forums recommends paying silly money to a CMC just for putting a stamp on an envelope and sending it to the same address you would use if you sent the same form yourself.

All right... the thing is I already tried this on my own and all I got is a bunch of canned letters saying I do not have any PPI. And I suspect I may still do. If it is on no-win-no-fee basis why can't I send professionals there, maybe they will do the job a bit better than I did.

So, back to the question, any recommendations please?

[Deleted User]

QQQ wrote: »

Can you guys recommentd good PPI claim companies which work hard and do not charge an arm and a leg?

Yes, but without the working hard and not charging an arm and a leg bit.

You'll work a lot harder than them if you use one.

[Deleted User]

QQQ wrote: »

maybe they will do the job a bit better than I did.

They will write to lenders and ask if you had PPI. The lenders will tell them no and the claims company will then charge you a fee for wasting their time.

It's the same jo, just more expensive.

QQQ

Deleted_User wrote: »

They will write to lenders and ask if you had PPI. The lenders will tell them no and the claims company will then charge you a fee for wasting their time.

It's the same jo, just more expensive.

Are there no-win-no-fee ones?

[Deleted User]

Not once you already know you don't have PPI. They charge heavily for timewasting.

You were wise to avoid them. At least now you're not on a suckers list, looking forward to a lifetime of spam calls.

QQQ

Deleted_User wrote: »

Not once you already know you don't have PPI.

OK, should I trust a mortgage lender is they say there is not any PPI?

[Deleted User]

The consequences are far too high for them to lie.

Nasqueron

You have been told you didn't have it.

Do you have proof you did?

A claims firm will just do the same thing you did, they don't have any other ways of getting the information. There are no professional firms, they use the same process as you do. They only make money because gullible people don't understand they don't have any special powers

Send a subject access request to the firms if you don't believe them.

dunstonh

All right... the thing is I already tried this on my own and all I got is a bunch of canned letters saying I do not have any PPI.

And if the CMC sends a letter to those same companies, it will get the same response. Or potentially worse for you, the lender will say in the response that they refer you to the outcome of your earlier complaint that you dont have PPI. The CMC can then charge you for timewasting.

why can't I send professionals there,

Professionals? that is funny. CMCs are not professionals. There are no qualifications or professional body and they operate worse than the banks did.

OK, should I trust a mortgage lender is they say there is not any PPI?

Are you paying (or did you if historic) a direct debit to an insurance company for PPI? Banks only ever retailed MPPI as a monthly premium payment. Never have they done single premium or hidden it. It is one of the reasons why most MPPI complaints fail.

Did you even buy the mortgage from the bank? (most mortgages in the UK are done via mortgage brokers/estate agents/advisers). Lenders wouldnt know what insurance you have if you used one of them.