In last decade do you remember taking mortgage, credit card or loan? As per The Financial Complaints Bureau, PPI policies were mis-sold to people who actually didn’t need it. The innocent people were duped of their hard earned money. If you are also have been mis sold PPI policy, need not worry. Look for the best PPI claim company that promises you to guide through this process. Here is what the best PPI claim company does for you:
If the answer is yes, then you have probably been mis sold a PPI policy. Typically, PPI policies were sold when you took mortgage, credit card or loans or any other financial agreement. In most cases people are unaware of the fact they were sold a PPI policy. Wondering how? This is because financial institutions cleverly include the cost of the policy in the loan repayment amount.
- Your claim is reviewed and experts at the PPI claim company identify whether in actual were you mis sold the PPI or not. In case the experts believe that your case is genuine, they take up the case. They fight for the compensation for the losses incurred as a result of the mis-sold PPI policy.
- Best PPI claim company, looks for proof of purchase of the PPI insurance policy. To prove this the customer needs to produce monthly statements, credit agreement and other necessary documents concerning mortgage, credit card and loan. Therefore, before making a visit to the PPI claim company, arrange your financial documents neatly so that you the necessary documents handy.
- The process of claiming back mis sold PPI involves applying online for the refund. The best PPI claim company helps you fill an application form. The form involves a series of questions and you need to answer appropriately.
The success of the PPI claim largely rests on the company that you choose. Therefore, it is very important to pick the best PPI claim company. Here are some tips to choose the claim company:
- They must be experienced to ensure that they know the ins and out of the claim process.
- The company must have a team of professionals that are aware of the claim process and guide you throughout the claim process.
- The company must have a list of satisfied customers. Look for the positive reviews and testimonials from the past clients.
- The average time that takes in the whole claim process is around eight to twelve weeks. Make sure that the company you choose, also promises you to settle the refund within this time period.
- The fee charged by the companies general varies with the amount of the refund. Prefer the company that charges nominal fee. There are some companies that have No Win No Fee, criteria. You can even look out for them.
