PPI Claims Success

PPI claims success is just around the corner

Achieving success in claiming a PPI refund comes in different guises, with each option having different challenges. So how does a borrower go about getting compensation for being missold a PPI policy, now that you realise that you may have a claim?

There are a number of different options available and each one has its advantages and disadvantages:

The DIY Route 
• You can write directly to the lender and negotiate a claim yourself. 
• You may seek help from the Financial Ombudsman 
• You can contact and liaise with government bodies e.g. Citizens Advice Bureau.

Instructing a Solicitor 
• You may prefer to instruct a solicitor to act on your behalf, to collect the relevant information and pursue your claim. 
• There may be charges attached to this service

Upfront Charging Claims Companies 
• There are a variety of specialist claims management companies who offer their services. 
• Some request an upfront charge of up to £500 (and £100 for each subsequent claim) and may also take a % of your settlement fee.

Claims Online 
• You can claim online using the services of an internet based claims management company. 
• There may not be an up-front charge for this type of service but the claims management company will take a percentage of the value of the settlement. 
• You will be required to provide the full relevant information for each application

No Win No Fee Claims Management Companies 
• Offer a service that may include a face to face explanation 
• FREE claims analysis and ongoing client support 
• You pay nothing until your claim is settled 
• On settlement, you pay % of any sums negotiated on your behalf

Financial Reclaims Limited operate a No Win No Fee policy with no upfront charges being made to the client. We understand the advising and claims procedures required for UK insurance products, bank charges, credit card and loans unenforceability. We carefully guide individuals and use our experience, expertise and knowledge of the industry on a daily basis.

Our know-how has been of enormous help to many people in the UK and we are well placed to help and guide individuals on all aspects of the financial reclaims procedures and the complex workings of the ppi policy.

Contact us free on 0800 410 1214 for a successful claim or visit our website at www.financialreclaims.co.uk 

Financial Reclaims Limited are regulated by the Ministry of Justice in respect of regulated claims management activities. Our authorisation number is CRM20246 and our registration is recorded on the Ministry of Justice website www.claimsregulation.gov.uk

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