When filing a claim against your lender for having mis sold payment protection
insurance (PPI) you may need to use a specific PPI form required either by the
lender or a PPI company you have chosen to represent you in your claim. This can
be an area of filing a claim that has you confused, so before you just begin
writing a letter to your lender or filing a claim on your own, there are a few
things you should consider.
Getting Ready to File Your Claim
Before you even consider filing payment protection insurance claims there are some steps you should take to make the process a bit easier on yourself, and a whole lot less time consuming as well. The first thing you should always do is carefully consider what grounds you are going to use to claim the lender mis sold PPI to you. There are good lists of reasons why the government considers PPI to have been mis sold and you can find these lists on such sites as the Financial Services Authority, the Citizens Advice Bureau and on PPI claims companies' sites such as Belmont Thornton (The PPI Claim Company).
After you have accomplished this it is time to do two more things. First you need to make sure you have an original copy of your loan documents. PPI forms will always require you to attach these documents. Secondly, you will need to have your facts and figures in order if filing a PPI form on your own. This would include the amount of your loan, how much you were charged for PPI, how many months is your loan amortized over and how many months/instalments you have already paid.
Filing Through a PPI Claims Company
Some consumers file a claim on their own without the assistance of a PPI claims company and that is perfectly fine. There is nothing to say you can't however it may be significantly easier on you to use a professional claims associate. These claims companies have standard PPI forms which they use and there are fillable fields for you to enter all the pertinent information that will be required to claim against your lender for payment protection refunds.
Keep in mind that each lender and/or each claims company may use slightly
different PPI forms but the same information will be required on each of them.
The only difference is perhaps the layout. Filling out a PPI form that is
pre-formatted with a place for necessary information can save you time and
Call The PPI Claim Company today on 0207 471 2000 to have a claim pack
sent out with all the PPI forms necessary to get started on your claim without
further delay. There is no fee for the initial consultation and a no win, no
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