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PPI Leads

Anyone who has ever been in sales knows that businesses survive by 'leads.' The PPI claims management industry is no different and just because these companies may be soliciting your business based on viable leads doesn't mean they are also out to scam you just as your lender did! There are, in fact, some very reliable organisations out there that are registered with the proper authorities and as such are compliant with UK rules and regulations. If you have been mis sold loan protection insurance your name may be on a list of PPI leads so don't be dismayed if you start getting phone calls, emails or posts introducing a PPI claims management company. On the other hand, don't assume that all communications are from reliable companies as PPI leads are available to anyone who wants to purchase a list.

Where Do PPI Leads Come From?

Actually, there are several ways in which marketing companies (the people who compile lists of PPI leads) come up with UK consumers who were mis sold loan insurance. One source is the internet! Anyone who makes an inquiry at certain sites will be placed on a list of prospects. As well, anyone who has made phone calls or sent emails regarding PPI claims can be listed as well as anyone who has taken out a loan within the past six to ten years. Believe it or not, since that information is recorded with the credit reporting agencies it is available upon request! Here is the clincher. Although there is no way of knowing whether or not each individual borrower was mis sold loan insurance, there is a very good possiblility that many of them were. It's a numbers game.

With all that being said, not all claims management companies that approach you for your business can be trusted. After all, you thought your neighborhood bank was trustworthy and look where that got you! If you are entertaining the idea of using a professional claims management company to help you file a claim against your lender, be sure to find one registered with the proper authorities. Belmont Thornton / Belmont Thornton is registered with both the Ministry of Justice and the Information Commissioner's Office. They operate on a no win no fee* basis. For further details, call 0207 471 2000.


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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 www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit 16, Elysium Gate, 126 New Kings Road, London, SW6 4LZ 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.

Please note that calls may be monitored for the purposes of staff training.

* 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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