27/12/2009 by Bradders.

If you have a ppi complaint and have not yet started a claim the question has to be why not? There are currently millions of missold policies out there but no-one is laying claim to them. Unless you make a point of looking at your mortgage, loans or credit cards paperwork over the last 6 years you will never know if you have a ppi complaint. Over the past year millions of pounds of compensation have been paid out to people who with a little effort have discovered that they have a ppi complaint. So, what are you waiting for, this weekend make a point of discovering if you were mssold ppi. 

Once you have ascertained that you have a ppi complaint you can either make a case yourself or go to one of the many claims management companies who will act on your behalf. If you choose the latter make sure they are registered by the Ministry of Justice and find out the fee they will charge. The majority of claims companies work on a no win no fee basis with fees varying across the board. As a guide you should not need to pay more than 20% as a fee for a good company.  

All the hard work will be done for you but remember you first need to know if you have a ppi complaint. 

Happy hunting.

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27/12/2009 by Bradders.

With the recession starting to bite more and more people are trying to find ways of generating extra income. There are various opportunities such as party plans and taking an extra job to create revenue. There are also companies springing up all over the place to buy old mobile phones and will pay anything from £25 to £200 for your old handset. 

Another area that is proving extremely popular is to trade in unwanted or broken jewellery for cash. With gold prices going through the roof now is one of the best times ever to trade unwanted jewellery into cash. Old wedding rings, bracelets and necklaces are exchanging hands for hundreds of pounds. These are all ideal ways to make ends meet and put cash back into your pockets. 

However, there is another way that could provide income way beyond what an old mobile phone or broken bracelet could produce. It’s also a way of getting back money that should never have been taken from you in the first place. It was money taken for an insurance that in many instances was something that you didn’t want, didn’t ask for or need and in some instances don’t even know you have! 

The insurance is called payment protection or PPI and is something that an awful lot of lenders would add on when people were taking out credit. This could be in the form of a loan, mortgage, store card or credit card and could amount to thousands of pounds of premiums added on to your loan. Now really is the time to look at all those credit agreements that you have taken out over the last six years and see if this overpriced insurance was added to your credit agreement. Even if you knowingly took out this insurance there could be grounds to make a ppi complaint and get back your premiums and associated interest. If you felt pressured into taking the insurance or thought it was mandatory to get the loan then this is a reason to make a ppi complaint. If you were self employed, unemployed or maybe close to retirement age, all reasons to justify a ppi complaint. 

Over the past year there have been literally thousands of people making a ppi complaint and claiming back thousands of pounds in compensation. So the next time you are hunting around in drawers looking for discarded jewellery spare a couple of minutes and have a look at your old or existing credit agreements. You could be very pleasantly surprised. 

www.claimlineuk.co.uk

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