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Claim PPI Calculator

When filing a claim you may very well need a claim PPI calculator because you want to have an estimate of how much money you should receive for financial compensation from the lenders who betrayed you. Lenders often times lie about how the payment protection insurance will benefit you in the event something happens to you and you lose your source of income. The same lenders, often times charge upwards of 50% of additional interest on policies for which you are not covered for at all.

What an Estimate Can Mean for You

Since the onset of the PPI scandal the lenders are now becoming nervous because many United Kingdom payment protection insurance policyholders are claiming back bank charges when they claim back PPI. Experts estimate that on the average claim PPI calculator would give most people trying to reclaim around €2500.One must also give into account the amount of bank charges attributed to having payment protection insurance as well as the amount of money being paid to the payment protection insurance company and interest being charged upon said payment. Given that this is just a ballpark figure in regards to how much financial compensation each individual payment protection policyholder that was mis-sold should or will receive, it is fair to believe that if you enter your individual statistics revolving around your claim, your PPI calculator could possibly quote you at a higher number.

What to Do Once You Have Your Estimate

Once you have the estimate that your claim PPI calculator has given you will have the necessary tool needed in order to shop around for the best payment protection insurance claims company. Many of these companies will give you a claim PPI calculator estimate over the phone if you provide them with a few bits of information such as the amount of money the payment was and the length of the loan. Normally a PPI claims company will use the claim PPI calculator to give the borrower an estimate as to how much money they'll receive with their deductions included so as to give the borrower a number to shop around with the other PPI claims companies.

After shopping around with the claim PPI calculator estimate awhile and you have found the company in which you have received the largest estimate from, you should do a little more research in order to pick the ultimate company. Considering that just looking at the numbers may have gotten you into this predicament in the first place and that this is the only chance at compensation it is best to do it wisely. Many companies have been certified by the Ministry of Justice in order to do business under the title of a PPI claims company. The Ministry of Justice position in the matter is to ensure that the payment protection claims companies that wish to have their seal of approval must meet strict regulations and requirements. So, when you have used the claim PPI calculator and have come up with your best chance at getting a significant amount of compensation don't forget to make sure that the company you wish to do business with is certified.

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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 B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

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