Payment Protection Insurance (PPI) + Packaged Bank Accounts (PBA)
As a result of our investment in automation, Allay are able to process PPI and PBA claims with great efficiency. This continuous investment allows us to offer an attractive payment model for mutual benefit which will allow you to sustain and grow your profits.
We offer outstanding support to help you maximise your potential and profits, with bespoke training, a designated account manager and support team to help you with any problems or queries you have.
Key benefits include:
- Advance Payment allow you to access the funds you need to grow your operation rapidly.
- 100% automated system – All of our claims are processed through our In-house-built Claims Management System (CMS). Our bespoke CMS has been designed and adapted specifically for Allays PPI and PBA processes and ensures that claims are processed efficiently with the maximum output.
- Weekly Payments – Every Introducer receives a weekly statement and payment on a Friday afternoon.
- Straightforward and efficient– You will be given access to an online portal which allows you to upload claims directly to Allay’s CMS. From there, a welcome pack will automatically generate in our processing centre for the client.
- Transparency – Your portal gives you the ability to track the progress of all of your claims and access real time reports.
- Control – Administrator accounts allow you to add/manage users within your portal and gives you access to comprehensive reports.
Mis-sold Products and Services bought using a credit card or other finance options
Allay are experts in Section 75 claims having successfully recovered millions of pounds for consumers that have fallen victim to scams such as mis-sold timeshare, solar panels, monitored alarm systems, roof coatings, holidays and other products that have been purchased on a credit card.
For the main products that we specialise in; Solar, Timeshare and Alarms we have an overall uphold rate of around 70% with redress ranging from between £1,000 – £20,000 depending on the product.
Allay has spent several years building good working relationships with the various lenders so clients are in safe hands with us representing them.
What is Section 75?
Section 75 of the Consumer Credit Act 1974 is a piece of legislation designed to remove the risk for consumers of ever getting into debt paying for goods or services that they didn’t receive, were faulty or were otherwise not as described.
Section 75 states that the lender (credit card provider) and the goods or service provider are jointly and severally liable to refund the consumer should there have been an element of misrepresentation or breach of contract.
A minimum amount of £100 contribution from the card must be paid and no more than £30,000 should be paid.