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Best Company for Reclaiming PPI

Approximately 6 years ago the Citizens Advice Bureau (CAB) launched an investigation/complaint that criticized the mis-selling of payment protection insurance (PPI) policies. Immediately following this complaint the OFT (Office of Fair Trading) and FSA (Financial Services Authority) began their own investigation, in which it was discovered that many major financial institutions and lenders were guilty of enrolling borrowers for PPI policies that they were either ineligible for or inadequately informed of. Following these revelations, a slew of complaints began to emerge, and some renowned banks were even charged millions of pounds in fines. Six years later the amount of PPI claims issued against lenders has reached an all-time high, with 50,000 borrowers filing to reclaim their PPI payments last year alone.

Is Filing a PPI Claim a Difficult Process?

The entire process of reclaiming PPI payments should take no longer than 2 to 6 weeks, requires no upfront costs, and the claims process should start within 24 hours of your initial inquiry. In addition, when dealing with the best company for reclaiming PPI payments you'll have access to a claims team with lots of experience. Whether your PPI payments were deducted from a credit card account or were taken out in bank charges, they will help you pursue your mis-selling claim.

How Much Does Reclaiming PPI Payments Cost?

Hypothetically, since you'll only be required to pay if you are able to reclaim your PPI payments, the initial cost of reclaiming PPI is actually free. Of course, once the judgment has been awarded in your favor, even the best company for reclaiming PPI will deduct a small percentage for their services. In basic terms, the best company for reclaiming PPI will simplify and streamline the process by contacting authorities directly and building a solid case to maximize your chances of reclaiming PPI.

Saving Money by Filing Multiple PPI Claims

The best company for reclaiming PPI expenses should also allow you to track the progress of your claim using a claim reference number within a user-friendly online form, and a claims handler should provide a response within 24 hours.

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  • TickAbsolutely No Upfront Costs. No Win No Fee*
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Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B16, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

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* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

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