Payment Protection Insurance Claims Letter
Anyone who needs to file a claim for mis sold PPI should know that there is a
procedure to follow when making a claim. Writing a payment protection insurance
claims letter will state your reason for filing a claim for a PPI refund,
detailing how the policy was mis sold. But this is not the only letter you may
need to understand as there are letters from lenders either approving your claim
or denying it. Then there could be a payment insurance claims letter addressed
to the Financial Ombudsman Service requesting an appeal as well as a letter back
detailing the FOS's decision.
Is There a Way to Simplify the Claims Process?
Whilst filing for a claim seems like it would be relatively easy endeavour it can actually take great effort to claim back PPI. Banks are not reviewing claims very quickly and sometimes it takes a few follow up letters before hearing back from them. So if you are wondering if there is a way to simplify the claims process the answer is yes, if you find a professional claims
company who can push the right buttons to stir the lender into action. A claims
company can also stay on top of any appeals you have working whilst communicating with you to keep you informed of where your claim is at any given time in the process.
Documenting Your Claim Every Step of the Way
When filing a claim without assistance you will need to document your claim every step along the way. Every time there is activity you
should keep a copy in a file so that it can be presented to the Financial Ombudsman Service with the appeal if necessary. A payment protection insurance letter will accompany your appeal so that it is perfectly clear to the FOS what you are asking for. Here again, there is more work involved in claiming back bank charges
than you might have imagined. U
Filing a claim and writing a payment protection insurance letter is just part of everything you need to do to file a claim that will get results. Knowing how to verify that you were mis sold PPI is equally important as is knowing who needs to be notified and at what point in the claims process. Since PPI solicitors are extremely high priced most people use a PPI claims company to help them file a claim against their letter. It is either that or do all that paperwork for yourself. Call Belmont Thornton team on 0207 471 2000 to get started today.
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