Setting up a ppi claims company?

Claiming ppi from the banks is a simple process and i see these companies making a mint out of it.

What im wondering is do you need to be a registered solicitor or something to set up one of these companies?

Can a average joe set one up as it is not complex to do?

 

Setting up a ppi claims company?

Didn't banks win the court decision not to pay out any more PPI than what's already been paid?

 

Setting up a ppi claims company?

the Banks win was for unfair Bank charges i belive. i think there is a time limt on the claims for PPI .but i always seem to get emails about claimimng for this or that SERPS seems to be the latest one.

 

Setting up a ppi claims company?

I wouldnt say you could set a bussiness up just off that alone mate ..

 

Setting up a ppi claims company?

I got £1400 back last month so they are still paying.

I think you have to get registered with the FSA and meet certain standards, don't think it's that simple or everyone would do it

 

Setting up a ppi claims company?

These PPI company's are rip offs. DO IT YOURSELF why pay someone to fill a bit of paper out for you.

 

Setting up a ppi claims company?

Hows that mate? Its a very simple process to claim ppi back and the ppi companies take upto 40% of the claim!

 

Setting up a ppi claims company?

Do you know where i can see these standards to be met? Would be interesting to see

 

Setting up a ppi claims company?

Not sure but have a look at existing company websites, they'll have charter marks or iso badges, these are typically what you'll have to achieve.

Also some legal knowledge is needed as you'll likely have banks trying to dispute it

 

Setting up a ppi claims company?

If you're asking for specific finance business advice on a muscle forum, do you really think you are a person to be trusted with people's money? Lol.