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Quote: Originally posted by Bob61 on 30/11/2017

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If you have only had one or two loans or credit cards in your life then doing it yourself is easy I suppose. Until now I think I have lived my life on loans and credit cards so writing to each and every one of them might be time consuming...even if I could remember who they all were. All I have to do with a claims company is give the name of the bank/credit card and approximate date plus the address where I was living at the time and they do the rest...hopefully. After that I just sit and wait for the money to come piling in and even a fiver would be a fiver I didn't have before

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Quote: Originally posted by jasie on 01/12/2017

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Quote: Originally posted by Bob61 on 30/11/2017

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If you have only had one or two loans or credit cards in your life then doing it yourself is easy I suppose. Until now I think I have lived my life on loans and credit cards so writing to each and every one of them might be time consuming...even if I could remember who they all were. All I have to do with a claims company is give the name of the bank/credit card and approximate date plus the address where I was living at the time and they do the rest...hopefully. After that I just sit and wait for the money to come piling in and even a fiver would be a fiver I didn't have before

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bob, what they generally do is run a credit report for you, then they go fishing with the likely companies by sending out standard letters to all companies.
i cant tell you how many letters from claim companies i have seen where the customer has never even banked with the firm.

just do your homework with the claim company charges as it is scary how some of these firms calc their cut. the worst i have seen ended up in the customer getting only about 30% of the total claim!

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