Over one-third of PPI Claims Central new customers are referred from existing clients

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The UK’s leading PPI reclaims agency PPI Claims Central are gaining a third of their new clients from referrals via existing happy customers, according to their latest figures.

PPI Claims Central, the UK’s leading reclaims agency for mis-sold payment protection insurance, a financial product that most borrowers did not require and was marketed by the majority of Britain’s major high-street banks and lenders, have announced that just over one-third of their new clients are now gained via referrals from existing happy customers.

Since beginning operations in 2009, PPI Claims Central have managed to reclaim over £17 million in mis-sold PPI on behalf of their clients, in what is often described as the largest financial mis-selling of modern times. With a service fee of just 12.5%, it’s not hard to see why PPI Claims Central has so many satisfied customers who are happy to spread the word among friends and family. For family claims that involve three or more new clients, they will even lower their fee even more to just 10% making them one of the most competitive providers on the market.

Additionally, their no-win-no-fee claims structure has encouraged increasing numbers of borrowers to investigate whether they are entitled to compensation after taking out payment protection insurance that they did not require. To date, PPI Claims Central have processed over 20,000 compensation claims in the past four years, making them a leading choice for borrowers in search of experienced claims handlers that provide the highest standards of service.

According to PPI Claims Central, most claims are settled within 4-8 weeks although some claims take longer than this. They urge potential clients to be wary of anyone who gives an exact time as to when cash will be reclaimed as such predictions are impossible to make. Yet with an average of just over £2,300 claimed on behalf of clients and a highest reclaim of £65,000, they urge anyone who suspects that they or a loved one has been mis-sold PPI with their personal loan or credit card to get in touch immediately. According to them, there is still a significantly number of people unaware that they have been paying too much on loan repayments due to PPI mis-selling.

About PPI Claims Central
PPI Claims Central is the UK’s leading PPI reclaims service having helped over 20,000 clients reclaim mis-sold PPI with an average amount of £2,300. They recommend that anyone worried that they may have been mis-sold PPI should get in touch with them immediately to see if they have a valid claim. They can be reached on Freephone: 0800 8499 120. Alternatively they offer a refer a friend scheme through their website at http://www.ppiclaimscentral.org

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