If you are reading this then you have a reason to believe that you have been a subject of fraud. Big financial corporations decided to make a quick buck and steal the hard earned money of the consumer.
You have been cheated and deceived into buying something that you didn’t need. You have identified already that you are the subject of fraud. What should I do?
There are two routes to take when filing a PPI claim. You can either let a company file the claim for you or you file the claim yourself.
Which route should I take? Read on to find out.
Option Number 1: Filing your own claim
This option requires you to file the claim on your own. This is a good option if you are willing to spend time and effort to filing the claim on your own. You’ll be able to keep all of your money since you didn’t have to use the services of a claims management company.
Gather all the documents related to your PPI claim. The most important document is the original loan agreement that you made with the company.
You then must send your dispute to the company that sold you the PPI insurance. Click here to get more information about what you need to do on filing your claim. You’ll be able to get the necessary templates + documents that you require to file your claim to the company. This is an organization that is authorized by the government to process claims like yours. You are in good hands.
If the company rejects your claim – you can then proceed to go to court. You can obtain assistance from the Financial Ombudsman to process your lawsuit. You’ll work with them for the span of several months or sometime years to get your claim processed.
If you are willing to do all this then filing your own claim is a good choice for you.
Option Number 2: Claims Management Company
The second option on the other hand is to utilize the services of a claims management company. This is a business that is specialized in handling PPI claims (and other forms of claims as well.)
They usually charge 20-30% if you win your money back. In a sense it is a risk free option since you really don’t have to pay them anything unless you win. Don’t hire a claims management if they want any upfront fee, if you would like to know <a href=”http://www.ppiclaimscalculator247.co.uk”>how much your claim could be worth try this ppi calculator</a>.
Thanks to their experience the possibility of winning your money back goes up really highly. If you don’t want to spend the time and effort required to do option number 1 then hiring a claims management company is a really good idea.
They’ll handle everything for you. Filing the proper paperwork, dealing with the Financial Ombudsman, negotiating with the company that cheated you and so forth are all things that a claims management company can do. You can obtain a better deal with their services as they know what they are doing.
If the idea of minimizing the amount of effort and time that you spend appeals to you then using a claims management company is best for you.
Be relentless when obtaining your money back. You have been cheated by big corporations that wanted to make a quick buck. Whether you file the claim on your own or use the service of a claims management company – it is important to be relentless and keep on fighting until you get your money back. Justice will prevail if you fight and stand up for yourself, many cases have been won in circumstances where individuals were certain that they didn’t actually have ppi on a policy, bear that in mind when considering whether or not you should make a claim.