Why Use A PPI Claims Company
Do you feel that you were mis sold payment protection insurance in the UK? If you have, you then may well meet the criteria to file a ppi claim. Many people have elected to utilize professional claim experts; however you do not need to and if you chose you are able to file on your own.
Payment Protection Insurance (PPI) has been mis-sold to many clients over the last few years in the United Kingdom. Many consumers were sold this insurance without their knowledge, without all the necessary facts, or were pressured into buying it when taking a loan or getting a credit card.
There is a substantial amount of work involved when one needs to start their claim, naturally many people don’t mind and chose to file their claims on their own. You can find online resources where the person who wants to file their ppi claims can get form templates, contact information and address, etc. Unfortunately, once they send in their forms they are soon met with a denial or rejection their claim from their lender. Of course this puts lots of people off and they feel they cannot go further so they drop their claim, settle on a FOB offer or might decide to speak with ppi claims specialists and have them take over, and some will continue to pursue it independently.
We have assembled a small list of the why it can be beneficial to use a professional, since many folks ask the question, “Why should I hire a professional agency to make a ppi claim for me?”
1. They are going to know if you are really a candidate to reclaim funds which were wasted on payment protection insurance.
2. They are professionals in their field and know all the ins and outs and how to follow protocol. They know the right paperwork which needs to be filed, and know the best strategies to pursue.
3. A good firm will be able to calculate the correct amount of compensation in which you may be owed.
4. They will do all the paperwork and data collecting, as well as have all contact with lenders and loan companies.
5. They do not charge an upfront fee. What this means is you do not pay unless they are able to collect compensation for you.
In any event it is up to the individual if they wish to carry out the ppi claims process by themselves or to have a firm act on their behalf. Either way if you feel you are owed compensation for payments you paid for payment protection insurance you must act as soon as possible.
If you wish to pursue your ppi claims using a professional firm, visit Simplicity Claims today where you will find information on how to reclaim your mis sold payment protection insurance premiums and how to receive proper compensation.