Top Tips For PPI Reclaims
Consumers from all over the UK are now aware that they have to check their financial records for mis-sold PPI. Using the right documentation and accounting, they can now claim these PPI expenses back. More than £5 billion has been reserved for these claims and large banks like Lloyds and Barclays have been instructed to write to consumers informing them about the PPI reclamation process. If you aren’t sure about the claims process, we do have a few tips that you should read through to understand how it works.
The entire process is easy but it can be a little time consuming. If you feel that you cannot do this process yourself, we suggest you get in touch with a Claims Management Agency who will do the entire process for you. Please note though that the agency will take about 25% of the total claimed amount. They also have a ‘no-fee, no-payment’ process which will ensure that if you do not get paid, they cannot claim any payment. However, we do suggest that you try to do the claims process yourself to ensure that you get the maximum amount.