FAQ's
Q: What is the average settlement for payment protection insurance?
A: Settlements vary; currently an average successful claim is between £2,000 and £7,500 per PPI agreement although many more run upto ten thousand pounds and above
Q: What if I have more than one loan each with PPI?
A: You can claim on each one separately and be paid out on all of them if you qualify.
Q: How long does it take?
A: Banks and loan companies have 40 days in which to reply to our initial questions. If they provide prompt responses and do not contest your case, we could settle your claim within 2-5 months. Contested claims can take longer.
Q: Will I be kept up to date about my claim?
A: Yes. We have invested in software which enables us to keep every client informed on any important movements on their claim. You can choose to be kept informed via texts, e-mails or by post. Our aim is to give you as much information as is reasonable so you know what stage your claim is at all the time.
Q: How much do we charge?
A: For reclaiming Mis-Sold Payment Protection Insurance we charge a maximum of 25% of the amount successfully recovered plus VAT. A minimum charge of £100 is applied to all successful claims
