Software allows consumers to target PPI firms
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A software company has developed a program that lets consumers pursue lenders directly for overcharging them for payment protection insurance.
DIY PPI has been developed by Black Knight Associates and employs questionnaires and prompts to collect information on how PPI policies were sold.
The software offers prompts throughout the legal process for reclaiming charges including generating letters to lenders.
Terry London, IT development manager at Black Knight, says: “Some firms are charging a fortune to do this but consumers are savvy enough to do it themselves, and this way they can do it for a lot less.”
The software costs £34.97 and can be downloaded or bought as a CD.
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Readers' comments (1)
Anonymous | 14 May 2010 12:07 pm
Surprised Black Knight think they can charge for something that is offered by other companies like Which? that cost nothing!
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