Rogue PPI Firm Crackdown Good for Consumers

We Fight Any Claim (WFAC) have welcomed the news that over 200 rogue Claims Management Companies (CMCs) were last year shut down in a ‘crackdown’ by the Claims Management Regulation Unit.

The Ministry of Justice (MOJ) last week announced that a total of 209 rogue Claims Management Companies were shut down as part of a clamp down on the industry between April and November last year (2012). A further 140 companies have received warnings from the body, while three companies were suspended.

The Claims Management Regulation Unit has stated that action will be taken against those CMCs which cause customer upset by continuing to break the rules put in place by the MOJ. The unit also has plans to work alongside the Information Commissioners Office in a bid to eradicate unsolicited telemarketing and text messaging within the industry.

Head of Communications at WFAC, Simon Evans commented:

“As a Claims Management company specialising in claiming back PPI, WFAC are pleased to learn that a substantial number of rogue firms were last year shut down by the MOJ.

“At WFAC we work hard to provide a clear and transparent service to our customers. WFAC operate a no-win no fee service and do not charge upfront fees. Upon employment at WFAC our staff are provided with modular training within the business to ensure the highest levels of customer service.  We strive to distinguish ourselves from the rogue CMCs who continue to resist the set of regulations put in place by the MOJ.

“We therefore fully support the recent clampdown by the MOJ and Claims Management Regulatory Unit against rogue CMCs and are encouraged by the promise that further action will be taken in 2013 to improve the Claims Management Industry as a whole. 

“It is important that the many people who are yet to claim back their mis-sold PPI are not deterred from making a claim by the bad practices of the few CMCs bringing a bad name to the industry. We hope we can reassure customers that there are CMCs such as ourselves who are able to provide a fair and reliable service should they choose to use a CMC to represent them."


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