PPI Claims

heth · 05-03-2012, 06:11

Hi,

After having a meeting with my bank to sort some things out they advised me that the credit card that I had (with another company not them) had PPI on it and that I was well within my rights to claim it all back.

I have had the credit card for approx 6years and paid £17 a month PPI so this could come in handy if I do get it back.
I know, I am useless with my fianances and really should look at my statements but I dont have the time!

My question is has anybody on here called one of these companies that advertises on the TV that claims PPI back for you and if so who's good and who are the ones to avoid?

Thanks

Boeing Guy · 05-03-2012, 06:26

My understanding of these companies is that they will rip you off.
It is not that hard to do this yourself, here is a guide with everything you will need.
PPI Reclaiming Guide: £1,000s for mis-sold loan insurance...

I would find the time, after all you could be in line to reclaim over £1200.00

heth · 05-03-2012, 06:35

Quote:

Originally Posted by Boeing Guy

My understanding of these companies is that they will rip you off.
It is not that hard to do this yourself, here is a guide with everything you will need.
PPI Reclaiming Guide: £1,000s for mis-sold loan insurance...

I would find the time, after all you could be in line to reclaim over £1200.00

Thanks BG I will look into this.
I have had a brief look but there are that many companies that do this kind of thing now I wouldnt know who were good or not.

I will deff be finding the time dont worry!

flashy · 05-03-2012, 07:41

Heth, have a look at Martin Lewis's money saving experts site, the fella that goes on Daybreak, he's always going on about ppi claims, i doubt anything he has on there will be a rip off, it'll be full of advice too

Boeing Guy · 05-03-2012, 07:44

Martin Lewis, is very very good. In fact that was the link I gave. Hehe

entwisi · 05-03-2012, 11:49

with the Halifax I just called them said I couldn't remember if I had it or not on a mortgage I had with them years ago, 9 weeks later I had a nice cheque...

flashy · 05-03-2012, 12:12

Lol i didn't realise when i said it BG, i don't have any PPI's so didn't click on it, great minds and all that

heth · 05-03-2012, 22:49

Quote:

Originally Posted by entwisi

with the Halifax I just called them said I couldn't remember if I had it or not on a mortgage I had with them years ago, 9 weeks later I had a nice cheque...

Halifax told me that they wont deal with it and to look around for another company??? Strange

Neil · 05-03-2012, 23:26

Quote:

Originally Posted by heth

Halifax told me that they wont deal with it and to look around for another company??? Strange

Ii the card you want to claim back a Halifax one?
If not you would need to contact the company that issued the card like entwisi did. His was a Halifax card so he spoke to them direct.

heth · 06-03-2012, 01:01

yep ob having a blonde moment

It is with Mint and to be honest I dont think they speak english very good so that may be a struggle

entwisi · 06-03-2012, 08:10

it was a mortgage actually but hey, same difference and who cares when they are sending you a 4 figure cheque....

archiveuk · 07-03-2012, 18:58

The claims companies are charging typically 25% to 35% of the claim, only yesterday the FSA have advised customers to do it themselves.

On the other hand I am a Financial Adviser who is helping people with their claims for a fee of 10%.