Payment Protection Insurance Claims Companies
There are literally thousands of consumers in the UK who may have been mis sold payment protection insurance and as a result will need to file a PPI claim to get a refund on money they have paid into the plan. Whilst it is possible to hire a PPI solicitor, it is perhaps a better and more economical option to utilise payment protection insurance claims companies. Not only are they less expensive in the long run, but they can help you file a payment protection claim
and companies like Belmont Thornton will not charge a fee unless they win
your claim for you.*
What Payment Protection Insurance Claims Companies Do
The first thing payment protection insurance claims companies do is to help consumers determine whether or not they have a valid claim. They gather information from the borrower regarding how the policy was sold, if it was forced on them, were they even aware that it was being sold to them and if they were told of any exclusions which were pertinent to them. Next they will ask if the borrower knows how much he or she paid for the cover (the total premium) and whether they have paid the loan in full or if they are still paying on it. From there the claims company will give the consumer the option to file the payment protection insurance claim through them.
How Much Do PPI Companies Cost?
This is perhaps the most usual question to be asked regarding PPI claims companies. There is actually no set fee from company to company, but the way in which payment is taken is what is most varied. When claiming against payment protection insurance you should not be expected to pay an upfront fee. Belmont Thornton works on a no win - no fee* contingency plan. The initial consult is free of charge and they will only collect a fee* if their team wins your claim. If a company chooses to ask an upfront fee then you should consider contracting with a claims company that wouldn't expect this of you.
Not only is Belmont Thornton willing to take a fee only after they have won your claim,* but they are also registered with the Ministry of Justice. This is very important to look for in a payment protection insurance claim company. From the initial consult until your claim is won and processed, you should expect your claims team to be available to you to answer any questions you may have and to keep you informed of where you payment protection insurance claim is in the process. To speak with a
a member of the claims team about your PPI claim call 0207 471 2000 today.
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