If you have been mis sold payment protection insurance and wish to find the proper company to handle your ppi claim to suit your needs, we have created an easy set of inquiries for you which you can employ when choosing a UK ppi claims company.
We’re going to first list the questions and under each one give you our thoughts for reasonable answers which you will be given. Keep in mind if anything at all sounds too good to be true more than likely it is.
1. Just how long can I expect my ppi claim to take?
Most agencies will tell you from eight weeks up to twelve weeks; frequently this is the standard time unless there are more circumstances which could extend your claim.
2. Do you guarantee you will certainly win the case to reclaim ppi expenses?
Steer clear of any organization saying they will guarantee it. Legitimate companies will explain they cannot guarantee a win, but can supply their history.
3. Exactly what are your rates and exactly how much do I need to pay up front?
Legit businesses will not likely ask you for an advance fee, if they request one do not employ them. The most common fee is 25% of your win (plus VAT). These will solely be charged upon money won in your favor by way of the firms.
4. I previously contacted the lender and they rejected my ppi claims can I still utilize your firm?
Normally most companies will still accept the case unless you have previously filed with the Financial Ombudsman Service. It is necessary that you collect any material with regards to your ppi claim previously started to share with the new company.
5. Am I able to make more than one ppi claim if I had more than one bank loan together with payment protection insurance attached to it?
Most of the time you should be capable of make several ppi claims.
6. I paid my loan off some time ago would it be too late to reclaim payment protection in the event I was mis-led?
The general principle is that often as long as you have forms and the loan had been within the last 6 or so years then you should still be qualified to file a claim.
7. What should I expect?
This may be a wide open query to inquire about; you really need to understand what is expected of you, what documents as well as other forms may be required as well as if they shall keep you abreast to your ppi claim and status.
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