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PPI Reclaiming Companies

Just as payment protection insurance is known by a number of other names such as loan insurance, mortgage insurance, payment insurance and a number of other terms used to refer to the same thing, PPI claims companies are often referred to as PPI reclaiming companies. They are just slightly different names for the exact same type of company that does the same exact thing and that is to help consumers successfully file payment protection insurance claims. However, just because they are referred to by the same names doesn't mean that they all do equal work. Let's face it, some companies are just better than others no matter what line of work you are in. In this case, there are things to look for in PPI reclaiming companies if you are trying to find the best one to help you get payment protection refunds.

Watch What You Bargain For

Here is where most people go wrong when looking for a PPI reclaiming company. They are looking for the company that will give them the absolute lowest price for their services. What you should be seeking is a company that doesn't charge for an initial consultation and will work on a no win no fee basis. Also, don't think that you have to choose the company that asks the most for their services either! As mentioned, the best 'bargain' can be a PPI reclaiming company that will only take money from you upon winning your refund/compensation from the lender. You know that when their payment is at stake they are going to work hard for you as their pay is dependent on your pay!

Finally, money is important but not as important as credentials.  If they are registered with the proper authorities such as the Ministry of Justice and the Information Commissioner's Office then you at least know they are compliant with laws and codes of ethics. In the end, there are two things you are looking for in PPI reclaiming companies. The first is that they work on a no win no fee basis and the second is that they will be able to provide proof they are registered with the appropriate government entities.


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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.

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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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