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Best value claims company?
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Newnoel
Posts: 378 Forumite

I really dont have time to go back through a myriad of accounts to find what has PPI and what doesnt.
Are any of these claims companies worth it? I understand that some of them will also search for unfair bank charges, punitive interest etc
Recommendations on who should I go to?
Are any of these claims companies worth it? I understand that some of them will also search for unfair bank charges, punitive interest etc
Recommendations on who should I go to?
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You do realise that you are opening yourself up to so many replies on this?
As has been pointed out, many hundreds of times.....absolutely NONE of these companies are worthwhile! Oh and you risk having your details shared where you probably don't want them shared.
They will ask you for details of providers where you think you MAY have had PPI and ask you to sign a form for each one. They will then either add a second class stamp to the form ( Which you can do ) or send your name on a spreadsheet to the firms.
Please...if you need to enquire, print off a standard template, buy a book of second class stamps and send them yourself. You will probably be done in less than an hour and you will save yourself 20% plus VAT of any amount awardedI work in Data Protection and spend my days dealing with CMC's. Only here trying to help!!0 -
"Unfair" bank charges have not been recoverable since the 2009 court case.
No one here will post recommendations of Claim Management Companies, since they charge for the use of a free complaint process. They do not (and cannot) do any "research", they rely solely on information their customers provide.0 -
Does anyone have any constructive answers?0
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Yes. Don't use a claims company as it lowers your chances of success, as well as costing you money.
Just send your complaints direct. It's much quicker than giving all the information to a third party and hoping they copy it down correctly.0 -
Does anyone have any constructive answers?
Please see posts above. In the time it has taken you to search, post, view and comment on the answers here, you could have sent the enquiries off yourself.
If however you wish to completely waste 20% plus VAT of anything that you MAY receive for a valid complaint, then just Google. The fee is capped for all these [STRIKE]thinly disguised marketing companies[/STRIKE] CMC's now so they will all do the same very small amount of work on [STRIKE]their[/STRIKE] your behalf.I work in Data Protection and spend my days dealing with CMC's. Only here trying to help!!0 -
Does anyone have any constructive answers?
Yes
Claims firms make you less likely to succeed, make you do all the work yourself and just post your complaint off and in the end take a cut of your refund for doing nothing. Your finance data is not in the public domain so there is no way for a claims firm to find it out without you telling themSam 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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Does anyone have any constructive answers?
The overwhelming position here is that you should not use a Claims Company. Many many will constructively attend that the complaint process is simple and free and many many others constructively rue the day they realised they had to pay thousands of pounds for a stamp.0
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