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PPI - Money Boomerang

Not sure whether this company is legit or not but i suspect they'll be making a profit on handling your claim for you.
Just seen an ad on tv which screams to me that they're vultures.

Just wondered if anyone has had any dealings with them or if MSE could do some research for the many members who could be sucked in by them if they are just vultures.

Alan
LBM - :beer:
DFW - January 2010 = £22,950
DFD - July 2017 = £0
Proud To Have Dealt With My Debts :cool:
Don't give up...it's a long journey!
«1

Comments

  • They charge 25% plus vat of anything they gat back for u
  • I thought id had succes with money boomerang, when my bank replied with a letter refundin me £990,14 i had paid in premiums,, then money boomerang charged me £562 claiming it was not only 25% + VAT of the money i got back but also 25% + vat, of premiums i had not yet paid on the cancelled insurance,,, just another shark in the pond,, stay clear .:mad:
  • KingElvis
    KingElvis Posts: 4,100 Forumite
    wat did u do wiv the dosh m8?
    "We want the finest wines available to humanity, we want them here, and we want them now!"
  • After processing a claim with money boomerang they claimed me back £4000 pound. Yes i had to pay 25% but i wouldnt of got this back without there help. They were very helpful and efficient.

    These people who have something bad to say are sad people who spend all there time on the internet and probably havent spoke to money boomerang or used there helpful service!!!
  • dunstonh
    dunstonh Posts: 119,448 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    barbie_<3 wrote: »
    After processing a claim with money boomerang they claimed me back £4000 pound. Yes i had to pay 25% but i wouldnt of got this back without there help. They were very helpful and efficient.

    These people who have something bad to say are sad people who spend all there time on the internet and probably havent spoke to money boomerang or used there helpful service!!!

    WARNING: Self promoting spam by boomerang.
    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.
  • I like to say a very big thank you to moneyboomerang!

    In August of this year I saw an advert on TV from moneyboomerang about reclaiming miss sold PPI. So I decided to try and claim on a loan from 2003 which was with Lloyds TSB. I wasn't sure if I was entitled to anything but thought to myself, nothing ventured nothing gained!

    Four months later, to my great surprise moneyboomerang managed to get me £6,800 back!
    Yes I had to give them 25% +VAT but I am more than happy with the outcome as I am now able to pay for a college course that I have been wanting to do for some time now.

    Once again, thank you moneyboomerang for your professional and friendly service. I would definitely recommend!
    :T
  • dunstonh
    dunstonh Posts: 119,448 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 18 July 2012 at 7:51PM
    I am more than happy with the outcome

    Giving you the benefit of the doubt and assuming you are not posting a fake message (new sign up, 2 posts made and both promoting this company....), you were happy to pay £2040 to a company to put a stamp on an envelope on a letter that would have taken you 5 minutes to write and stand a 90% chance of success if you had done it yourself?

    [Text removed by MSE Forum Team]
    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.
  • I read what it says on here and wonder just how much is spam etc.

    I retired to Greece 4 years ago and a lot of old papaerwork was shredded before leaving. Could someone tell me of a more reputable firm than Boomerang, or what to do if I have no paperwork whatsoever and cannot remember who we had loans with 10 years ago.

    Thanks
  • [Deleted User]
    [Deleted User] Posts: 26,612 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper Photogenic
    edited 12 April 2012 at 11:21PM
    IaninParga wrote: »
    I have no paperwork whatsoever and cannot remember who we had loans with 10 years ago.
    No Claims Management Company can provide this information. You have to do your own research and then all they do is post off your complaint.:eek:

    If you can't even remember which Lenders you used it's likely going to be very difficult and a bit expensive to track them down.

    Start by sending Subject Access Request (SAR) letters to any likely candidates that you think you may have had loans or credit cards with. It costs £10 per request (payable to the Bank) Here is an excellent template
    forums.moneysavingexpert.com/showthread.php?t=1475553

    If and when you discover who your lenders were, then go here for excellent AND FREE advice on how to proceed with your complaint:
    http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

    Good luck!

    (and posts #8 and #10 of this thread are obvious spam messages)
  • jpd693
    jpd693 Posts: 2 Newbie
    Hi there,
    Has anyone had problems with Moneyboomerang ? They wont answer my calls goes to message and they have not answered my emails and on one occasion deleted it without being read as i requested a read receipt
This discussion has been closed.
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