There are a lot of unnecessary battles raging in the personal finance world regarding PPI, and frankly…we’re sick of it. It’s true that you can file your own PPI claims, but we strongly recommend going with a legal team. There are a lot of things that you might not understand about the way the PPI reclaim system works.
It’s your money, and you always have the power to get it back but if you’re not willing to go through the entire process in full, you might be doing yourself a very strong disservice. It’s better to make sure that you can absolutely get things taken care of right away, in the fastest amount of time possible. There have been cases of people filing on their own and having to wait six months to hear back on anything. Also, if you file the paperwork improperly, the lender can use that as a way to deny your claim. Then you’re back at square one and you still don’t know what you’re doing.
Solicitors speed up this process because they’ve done this day in and day out. They know the system, they know the workarounds, they also have the legal clout that you don’t have. So while it’s true that you can “go it alone”, you’re pushing a rock uphill. Let it go the other way — roll it down the hill, knocking down the lender like a set of bowling pins. You might not shake things up on your own, but joining the legal part of things with a solicitor really can make a difference.
At the end of the day, it’s your money. PPI claims are better handled by legal professionals that know the system intimately. Even if you disagree, you should still get a free consultation to see if your case has any merit. They can let you know and then you can make more educated decision. All in all, this is all you can do — fight for your rights, fight for your money, and protect your time. If anything, legal professionals take care of the time element for you — so just sit back and let them do their job. Everyone wins under those conditions, just wait and see!