Firstly, you can try contacting the banks by yourself. There has been a lot of information about taking this route on blogs and forums recently, and you can also find many different PPI templates and letters to use.
While this is definitely the cheapest way to reclaim PPI, it is also the most time consuming. At the end of the day, you could end up spending months of your time going back and forth with the banks, getting nowhere and going round in circles.
It’s an unfortunate fact that the banks have become harder to communicate with just recently, and if you have no experience of doing this kind of thing before, then expect to keep hitting brick walls.
This can leave you incredibly frustrated, and you might even start wondering if reclaiming PPI is really worth the effort.
The next option you can use to reclaim PPI is to hire a specialized company to represent you. This has become the most popular option of late, for one simple reason…they do all the hard work!
This means you can get on with your life and forget all about PPI. No writing letters and communicating back and forth. No sleepless nights. No being messed around.
Best of all, these PPI specialist companies have teams of staff who know exactly how to get you a settlement in the least amount of time possible.
With this in mind, you could be getting a check in the mail within the next few weeks! That certainly sounds a lot better than waiting for months, or even years, to get the money that is rightfully yours.
So how do you find these PPI specialist companies? The best way is to do a search on Google for “reclaim PPI” or other such search terms. You will come across companies such as PPIClaimsHelpline.org and many others, and then it is just a simple case of filling in a short form and waiting for an expert to call you back.
They will ask you some questions about your situation once you are on the phone, so they can determine whether or not you actually have a case. If you do and you are happy for them to proceed, then expect them to contact the banks on your behalf immediately.
These PPI companies don’t mess around, and their main goal is to get you the money that you deserve as quickly as possible.Read More