Using a PPI Claims Company For Your PPI Claim
It’s difficult to make a PPI claim, everyone knows that. Even if the Financial Ombudsman Service, the Financial Conduct Authority and consumer groups say that it is quite easy, you’ll need to invest time and effort in making your claims successful.
PPI complaints have you competing against thousands more complaints filed by other consumers and claims management companies. Consumers use to represent them when making a claim.
PPI Claims Companies Are Not All Bad!
Many critics downplay the PPI claim company‘s role in filling out forms. But one must admit that the right format for a PPI claim letter, the items to fill out in a PPI complaint form or filling out the rigorous 11-pages of PPI claims will take time. And you could lose patience in the process, especially if you’re on a tight schedule.
Claims management companies are not forcing people to pay 25 per cent of their PPI refunds. Rather, they are trying to give people the option of having someone go through the complaints procedure for them to avoid the hassle of doing it by themselves.
It’s not that people want to disobey or even criticize the FCA or FOS’ advice, but PPI claims done on your own will take lots of patience. If you’ve waited for eight weeks and never got the right result, you could and would be definitely furious!