How do I find out if a PPI claims management company is legitimate?
The ministry of justice provide a list of approved claims handlers for all sectors. It is important to make sure that a PPI claim company that you are planning to use is regulated. It is illegal for PPI claims management companies to operate if they are not on the approved list. You can check out the list here.
Of course the fact that a company is on the approved list does not mean that they are value for money. merely that they have signed up and are acting within the law and the MoJ standards. It is widely known that it is easy to make your claim yourself and that any fees are taken from your refund. PPI claims companies make it sound easy. but really the majority of the work they do for you uses information that you have had to dig out and provide for them yourself.