A 2011 undercover operation by the Consumers Association revealed massive failings in the PPI Reclaim industry. Among the worst culprits for this, according to Which?, were WeFightAnyClaim, Belmont Thornton, Challenge Your PPI, Fast Track Reclaim, The Claim Guys, Brunel Franklin, Consumer Finance Claims, Canary Claims Aims Review. Six of the companies investigated repeatedly told the… Read More »
The following are the success rates claimed by PPI claims companies on their websites. Guardian PPI Claims 94% www.guardianppiclaims.co.uk Payment Protection Scotland 93% http://www.paymentprotectionscotland.co.uk/ PPI Money Back 90% http://ppi-money-back.co.uk Save and Claim 90% http://www.saveandclaim.com Premium Claims 90% www.premiumclaims.com ismart 89% www.ppi.co.uk Of course a comparison of statistics may not be on a like-for-like basis.… Read More »
PPI (Payment Protection Insurance) has been developed and offered by financial service providers to ensure that people that face financial difficulty still have the ability to pay off their monthly loan repayments. This might be due to them falling ill, becoming injured, or even if they have lost their job. It reduces stress levels and… Read More »
Almost every day there is a fresh advert on the tv for PPI reclaim companies encouraging you to sign up with them so that they can help you to make your claim. For instance Owl Claims in their advert claim an average refund of £2750, no upfront charges, a friendly call centre and that you… Read More »
There are no independent statistics to show which are the best PPI claims handling companies. Of course you can always ask around your friends if they have made a claim and if so what their experiences were. By and large the most successful PPI claims companies have a success rate of over 90% However, its… Read More »
With economic times being as uncertain as ever, it is important for people to take as many precautions as possible to ensure that times do not get any harder. One of the great things that people can do these days is take out PPI (Payment Protection Insurance). Essentially, this is an insurance policy that will… Read More »
Failure to disclose commission is not a grounds for a claim (???) Lord Justice Tomlinson in the Court of Appeal has ruled that a financial broker selling PPI products is under no obligation to advise a client that the same cover is available more cheaply through another provider. An appeal against the decision to the… Read More »