UK consumers obviously find it repulsive to receive a text message from claims management companies that they have at least thousands of pounds worth of compensation “based on records” that the claims company has, but in reality, a claims company can do great wonders for a consumer’s claim. However, ensure that you find a reputable claims management company, such as fastppiclaims.org who guarantees you get all the compensation you deserve. Here are a few ways claims management companies improve your chances.
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1. Working With Legal Solicitors
Claims experts are the people who can construct your claim and they will ensure to fill in and file properly your claim in the proper channels, but to ensure that you have a valid claim, a legal solicitor is the key. Most claims management companies have legal solicitors, who would see if the claim is valid or not.
2. Compound Interests
Banks grant consumers £4000 refund for an average PPI claim, but if you are wondering why some customers earn tens or thousands more, it’s due to their compound interests. Your PPI repayments have an interest rate, which as a multiplier that “compounds” the added interest in your insurance repayments. Banks intend you not to know about these details but your claims company knows and will do something about it for you.
3. Guaranteed Compensation Amount and Follow-Ups
Claims management companies increase your PPI claim success by 83% because they can follow-up on the banks where your PPI claim is processed constantly. Claims experts ensure that you have a properly-filed PPI claim and they will also point out all the details and proof that will guarantee you no reduction in your PPI repayments.