Consumer Finance Claims

This is one of the very many firms at the present time advertising to claim back mis-​sold PPI. As with many others, this is a no win no fee firm who take all your information then do all the communicating and arranging for you.
As I had been paying PPI on a credit card (which I never actually applied for) since the early 1980’s, I thought it would be a good idea to claim.
The story was that I originally had an Argos card, then Argos decided to stop using them. My account was transferred to Yorkshire Bank, which I thought was actually quite good, as I could use the card in more places. I didn’t realise that they were charging me for PPI until the current media attention. Over the years, I have spent quite a bit of time in hospital for a couple of reasons never having my payments paid for me.
After about six months of negotiations, CFC accepted the first offer from Yorkshire Bank, which entitled me to £58.25. CFC have since sent me an invoice for their fees of £41.65.
I think the reason for my awarding two stars is fairly obvious! They did save me all the hassle of writing/​telephoning, but the benefits don’t seem to be too good.