How can they do it sooo quick???

[Ginger Overlord]

Hi,

 

Something that has been bugging me since claiming back my PPI.

 

At first my bank completely refused my claim-back for PPI on a loan I had with them a few years ago. I then got in touch with the FOS took on my case but advised that it may take up to a year to complete.

 

Now, my G/F has enquired about claiming PPI with one of these 'PPI reclaiming' companies (who take a small fee if your claim is successful). They advised her it may take up to three weeks to complete(!)

 

Why would it take the FOS a YEAR to get some sort of conclusion on my case when one of these 'fly-by-night' companies can do it in 3 WEEKS? Also, I had to complete all kinds of time consuming questionaires and forms for my claim, my G/F has to send one text message(!) and everything is getting done for her!

 

Frustrated isn't the word!

 

Regards,

 

Chris.

[ims21]

No No No....Tell her to stop......don't get involved with them.

 

If it is done by text then it is more than likely to be unreliable and possibly not legit.

 

Even legit CMC's will charge around 30% of the successful claim +VAT.

 

They can do nothing that she cannot do for herself for free.

 

Also, if she has a debt with the lender and they set the PPI refund against it then she will have to physically find the CMC fee from other sources.

[dx100uk]

bye bye upto 50% of her claim!!

 

dx