Monday, August 27, 2012

The Four Pillars Of Financial Intelligence

You would think it would be easy to get people to admit that they want to be rich and then take action, wouldn't you? But no, people are very worried about firstly admitting they want to be wealthier, and then very fearful of taking action. So, as a Wealth Coach, I usually prefer to talk about Financial Intelligence rather than Wealth Creation.

In order for people to get excited enough to make the leap and join The Money Gym, we have to talk about becoming a millionaire, and the millionaires we have helped create, because most people can't often be bothered for anything less.

Unless there are guaranteed results and they are big and compelling enough, people often don't want to pick up a book turn off the tv, go to workshops and learn anything new, certainly not for anything less than millions. And they want it quick too!

Really, Wealth Creation and Financial Intelligence are very similar animals, but Wealth Creation needs to be underpinned by Financial Intelligence, otherwise the wealth will go the way of the wealth of most lottery or competition winners up the Swanee, spent on fast cars, big houses, champagne and very unsuitable companions!

Actually I just described my old age, if you add in long holidays in the caribbean, purple velour shell suits, with lurid hair to match, lots of bling and unfeasibly high gold sandals.

However, rather than my frittering away my kids inheritance, my old age will be funded from ever renewing wealth, because I will have finally graduated in Financial Intelligence 101 by then.

I'll come back to the kids inheritance later.

How can you train your brain to think in a Financially Intelligent manner? I like to think of Financial Intelligence as a platform on which you build your wealth. And like any platform, it needs to have a sturdy support, which I think of as....The Four Pillars of Financial Intelligence .

PILLAR ONE

Pillar One is "Managing Your Mind" where you discover where you are now financially, your family history with money, where your beliefs, behaviours and attitudes to money have often come from.

Then you must look at your abundance versus your scarcity thinking and learn how to monitor that carefully because that old scarcity thinking will pop up when you least expect it.

Whenever you find yourself thinking "I can't afford it" then you need to beware! You are getting into the wrong mind set and closing yourself off to ideas.

Think instead "how could I afford it?"

PILLAR TWO

Pillar Two is "Managing Your Money" and covers budgeting, cashflow management and projections, credit management and debt busting. Knowing the difference between good debt and bad debt (and if you don't know the difference then you need to read "Rich Dad Poor Dad" by Robert Kiyosaki fast!).

Learning how to pay yourself first rather than paying Starbucks, Vodaphone, your local curry house, Sainsburys, Egg, Total Petrol, and the list goes on

Friday, August 17, 2012

Is Kreg The Greatest Pocket Hole Jig? Go Through What Operators Reveal

Within wood working lingo the process of joining two or more sections together is named "wood joinery". To all those who have never stood on the saw dust coated floor or even sustained the pangs of slinging various types of adhesive between boards, this particular term would seem simple enough. Nevertheless timber joinery may include these kinds of different solutions as tongue and grove joints, dovetail joints, mortise and tenon joints, biscuit joints, dowel joints and some other techniques that timber tradesmen have spent many years continuously working at and in quite a few instances cursing.

Undoubtedly the advantage of a dovetailed drawer inside a dining room showcase or a bed room cabinet are some things that could be continually respected. Nevertheless these forms of wood joinery may only end up being manufactured as a result of procedures of which even if utilizing high-priced jigs and fixtures will demand proficiency as well as perseverance. Throughout todays fast paced community where by high quality home furnishings needs to be produced with concerns regarding the price tag of work plus the lack of ample expert wood workers, any procedure which will result in a robust, high quality joint is much preferred.

Adhesive has long been a product associated with sturdy joints. Bear in mind mortise and tenon, dovetail, biscuit joinery and numerous other solutions, glue happens to be a crucial addition to the toughness for the joints. Glues are pricey and unpleasant to apply which increases the job therefore the cost of completed joints.

Building sturdy wood joints is actually a challenge for a lot of home woodworkers as their goal is an attractive finished item without needing too much proficiency or maybe costly gear. Absolutely the abilities regarding a few part-time woodworkers equals that of professionals. Yet this specific ability takes great levels of time and also working experience to acquire. What exactly is needed is some sort of process for you to join wood without the need of pricey specific tools or even numerous years of practical knowledge designed to nonetheless create high quality, stunning finished work.

In 1986 such a technique was given birth by a toolmaker that was also a part-time woodworker. When presented with a problem in a task in his home, Craig Sommerfeld merged his tool making expertise as well as love of wood work to produce just what would turn out to be an progression within woodworking. The procedure ended up being so simple and easy and produced such robust joints without the presence of necessity of adhesive that whenever wood workers finally realized exactly what the idea was, only after the huge efforts by it's creator, many people quickly added the system to help their own workshops and toolboxes.

The system utilizes a clamping jig the guides the specific drill at fifteen degree angle into adjoining timber components creating a clearance hole within a single item as well as a hole within the subsequent that hold a special screw. All which is actually required is to drive inside the screws and the flawlessly in-line, disguised joint is produced. Although adhesive is not needed it can be used whenever preferred.

Though the years involving development a number of versions and kits of the Kreg pocket hole jig are already created. Some standard kits are made to use for repair work as well as spontaneous project. Much more complete elaborate systems are available for people that perform a lot of woodworking at home and for specialist shops.

To be anticipated anytime a new favorite tool is designed there are certain to often be copycat products that is generated by alternative organizations. Kreg is certainly referred to as greatest pocket hole jig system available. Can be that statement used with owners? Any quick search of buyers reviews on web-sites just like Amazon quickly indicate that Kreg buyers adore their particular systems. It is not uncommon to uncover that seventy if not more clients took the time to return to Amazon online after buying a new Kreg system to give reviews that are positive. The majority of the testamonials are in the 5 star range that is the best critique rating possible.

Amazon has a few other types of the pocket hole screw jig. It is easily visible that while those who own 1 or more of the other products look like they're happy about their selection of product they also acknowledge that in case they were likely to be doing a lot of woodworking involving screw joinery they will spend the required cash to acquire a Kreg system.

One product produced by a manufacturer of which is noted for a large line of low-priced tools has not yet gotten a lot admiration for their screw jig. This simply enforces the fact that if you are intending to buy a screw jig you need to commit a while studying the various versions as well as users thoughts to make certain you can get the tool suitable for your requirements and funds. As with any kind of excellent wood working apparatus it looks in which price tag is important and in many instances investing more leads to an improved tool.

Even together with the finest tools, every single new models is just not guaranteed to please just about all customers. Kreg discovered this within one of their own latest packages. Users of earlier designs complained that while the brand new product did certainly provide valuable advances in some instances it didn't seem to clamp specified sized panels as firmly as the earlier design. Examining the owners testimonials nonetheless it has been easy to find tricks to defeat this concern and as before owners seem hard pressed to find fault with the Kreg pocket hole jigs.

I would really prefer to suggest that you should under no circumstances pay for any kind of item without first conducting a tiny analysis by simply looking at the accessible customer's remarks. This may mean a real difference between years of pleasant work or perhaps several hours of cursing something that couldn't live up to your expectations.

Wednesday, August 15, 2012

Walmart Credit Card - A Personal, Safe and Exclusive Experience

The Walmart Credit Card is a Store Offer and is issued by GE Money and aims to be used "personally" and by consumers with a fair credit history. Though not mandatory, yet a FICO score of 632 would put you in a better position as far as the approval for the Walmart Credit Card is concerned. The card issuer may expect a few discrepancies but based on the FICO score recommendation if you have a recently clean credit record without any negative mark on your report you can sail through the approval process with little difficulty and enormous success. However, there are other issues too, which decide in the application for the Walmart Credit Card being approved.

The approval time for the Walmart Credit Card is relatively lesser than its counterparts. It might give you instant approval decision if your application information is complete, is beyond questions and has no other loophole in it. The system shows your approval status to you shortly after you submit your application online, so gone are the days when you had to wait for days on your application status. After your application is approved you can expect your credit card to arrive anytime between 1 to 2 weeks.

The Walmart Credit Card is not a rewards card although it has no annual fee. There is no introductory APR for the Walmart Credit Card hence the lowest standard APR of 12.37% applies immediately; however APR's may vary among applicants. The lowest standard APR of 12.37% is variable and varies according to the fluctuations in the U.S. prime rates. The program's terms and conditions tell you how to compute your applicable APR.

Since the Walmart Credit Card is unlike any traditional credit card, it accepted only in the relative areas. The Walmart Credit Card is a store or catalog card and is aims at consumers or personal use'. Hence it is accepted at places like Wal-Mart, SAM'S CLUB and Walmart.com. With the use of the Walmart Credit Card you can save 3 per gallon at all the participating Wal-Mart and SAM's Club gas stations or you can make in-store payments at any Wal-Mart or SAM'S CLUB register. What's more there are special financing offers with the Walmart Credit Card giving you that extra edge. This card gives you the grace period of 25 days in the least; hence you don't have to pay interest charges during those days as they are inapplicable. You can also choose the due date of your payment, so the ball is always in your court.

With the Walmart Credit Card you have fraud liability, so you can sit back and relax without worrying too much. The Walmart Credit Card understands your love for your family and that is why it provides you with additional cards for you family members and that too without any extra cost. If you thought that you needed another reason for applying for the Walmart Credit Card, here's more coming your way. The Walmart Credit Card not only understands your need for security and privacy but also respects it; thus, your access to your account information is absolutely secure, free from prying eyes and potential hackers.

Friday, August 10, 2012

Getting The Best Laptop Distributors

Sometimes back, owning a laptop was a luxury, and their prices were merely high meaning that laptop marketers were few. Nowadays, things have changed and today. Lots of people have laptop computers. That implies that the distribution of laptops have gone up. With the raise of laptop computer distribution, the merchants have also raised.

When one is a retailer, obtaining very good laptop distributors can be a difficult task. However, you do not need to work so hard, you merely need to go to a few stores that you might want to conduct business with, and you will be good to go. Visiting a few internet sites will also be of good assistance to the dealer because at times, the dealer might need to make an order over the web and have the laptops brought into his doorstep.

To acquire the best marketers, you should check out whether the distributor can provide the laptop computers in your store without an extra cost and still have the laptop computers intact. By intact means that the laptop computers will still be in great shape and there will be no breakages, cracks or loss of some. This implies that the distributor is trustworthy enough to supply the good laptop computers without your supervision.

A great distributor goes out of his or her way to make sure that the customer has been left happy and that all his necessities have been catered for. Good laptop distributors ensure that they are always on the phone or on the internet so that when the client makes a call or makes an order online, the order will be processed quickly. There will be no single time that any customer will call the store, and no one will be there to pick up the phone call. She or he makes sure that he takes the right purchase and sends the purchase instantly, or at the time they have agreed with the customer.

One more thing you have to check out when you are searching for the best distributors is whether they provide return warranty in the event that the laptops get damaged on transportation. A great distributor will provide a warranty if the laptop computer develops mechanical issues through no fault of the buyer. The retailer will provide the client a new laptop computer and the one that has developed a mechanical problem is given back to the distributor.

Good laptop distributors provide discount rates based on how long the connection between the client and also the distributor. When the distributor has verified that the retailer could be trusted with debts, he gives credit discounts and based on how quick the dealer clears debts, the discounts can be increased. Every time, there is a new batch of laptop computers a good distributor will always make it his responsibility informs his clients of the new arrivals. He calls you or sends you a message implying that you will always be updated on new arrivals.

Great laptop distributors have got websites that are working and are integrated with social-networking equipment. This way, those clients that have a complaint to make an order on the internet could be able to do so without hitches. How you can have a great distributor is paramount to get a great business, and it is good that you took your time to go through this.

From what exactly you've read through here, you now know very well what to look for when you're looking for reputable marketers. You will be thankful that you read this.

Thursday, August 9, 2012

Thirty Billion Ounces Of Silver.....!

Hundreds of miles south of Beijing...Deep in the remote foothills beneath the Great Wall of China...An American junior mining company has made an amazing discovery.This silver strike stretches 186 miles. It could contain, by
our estimates, 30.2 billion ounces of silver.

That's enough to feed world demand for the next 32 years, according to the World Silver Survey...Enough to double current global stockpiles... 214 times.
And enough to make one tiny mining company 4 billion richer...
For now, the company trades around . But that could change, very quickly.
The value of this single, massive discovery could be enough to push the company's market cap 4,662% higher. (You'll see how in a moment.)

The time to act is right now. But you'll want to have all the information.
For example: How did a junior miner from America discover the world's biggest silver deposit halfway around the world? How does it plan to extract this massive silver vein from beneath the Great Wall of China?And how exactly could some investors turn this opportunity into huge gains, just days from now?
Here's the whole story...

The Perfect Discovery at Just the Right Time Not long ago, a small mining company realized a hard truth. The world was running out of silver. What's more, the traditional sources - like Nevada, Canada,Mexico and Peru -were drying up.Indeed, Western miners had failed to meet surging world demand for 11 straight years.

The silver stockpile had fallen from 10 billion ounces in 1950 to just 140.4 million today. That represented a 98.5% nosedive. (No wonder silver prices have doubled.) The company's answer was simple. It would exchange the
familiar fields of the West for the chance to explore China's vast, untapped reserves.The Chinese Resources Ministry was desperate for silver to feed China's booming demand. So it agreed to let this Western miner "into the tent."
Within weeks, the company was on the ground. Geologists immediately began surveying the county's central mountain range.And that's where they're they've discovered into a massive silver strike... running right beneath the Great Wall of China...

The Forgotten Treasure Below the Great Wall About 440 miles south of Beijing, the flatlands turn mountainous. Here, crisscrossing the hilltops, you'll find the ancient ruins of the Great Chu Wall. Warlords built the wall around 2,500 BCE. They wanted to defend their kingdom against invading tribes from the north.Today, only the ruins remain. Tourists still flock to the ancient landmark because of its beauty and historical importance.But the company (we'll call it the "Silver Striker") came here for another reason.

This is where scientists first noticed a strange "anomaly" on the aerial magnetic images of the area. According to the surveys, these foothills had to contain a truly massive silver strike. One that ran for miles...Geologists drilled core samples. They tested thousands of "ore chips" for silver content. They ran chemical tests on the stream beds meandering through the foothills.And according to the initial data, the strike was indeed huge. In fact, it qualified for "mother lode" status.

The discovery, they inferred, held at least 265 million ounces - worth .5 billion dollars.That's when the Striker filed its first mining claim with the Chinese Ministry of Land and Resources. But they weren't done exploring. Not by a long shot.The company's miners still had not defined the extent of the massive strike...Going "All In" and Hitting the JackpotWhy Silver Will Likely Be a MUCH Better Investment than Gold for the Next 12 Months

Gold has been breaking to new highs for months. But going forward, smart investors will get a lot richer from the silver boom.As Jim Rogers says: "Despite gold's potential,I think I will make more money in other commodities such as silver." And he's probably right. Here's why...
1. Gold/Silver Ratio: Throughout history, the gold/silver rice ratio has been 1-to-16. Today it's 1-to-67! Silver's due to catch up... If it snaps back to the historic average, prices will spike...
2. Supply Shortfalls: Last year, global silver demand hit 888 million ounces. Mining production totaled 680 million, creating a 208-million-ounce shortfall...
3. Stockpiles "Gone": Silver demand has outpaced production by 156% annually for 19 straight years. Stockpiles have tanked 57%, to just 140 million ounces... down to a four-month supply!
4. Chinese Yearly Demand: China Daily reports that demand has tripled to 2,600 tons...
4. Looming Inflation: Gold's not the only monetary "store of value." When inflation rises, silver demand rises. That's why Beijing has taken to state-sponsored Central Television, instructing all 1.3 billion citizens to buy silver bullion as an investment... now!To learn how the coming silver boom is about to make some investors very rich, please read on...

So not long ago, the Striker decided to pour the bulk of its exploration budget into the Great Wall strike - (It's plans to spend million in the first half of 2010, and another million in the second half.)Geologists continued to swarm the strike zone's 50 square kilometers of foothills.And they spared no expense.They created seismic geo-maps. They used computers to analyze chemicals in stream beds.They used special cameras to gather data - at the atomic level.

Miners blasted 78,581 meters of trenches. They drilled 280 test holes. Meanwhile, outside firms were called in to verify all the findings.They included private companies like SRK Consultants China and BK Exploration Associates. But China's bureau scientists reviewed the data, too.And they all agreed. The Striker was underestimating the discovery... by a long shot!

Super Vein Stretches at Least 186 Miles Instead of stretching 3 miles, the "super vein" stretched 30 miles.But it didn't stop there. Further surveys showed rich
veins of silver running for 87 miles... 124 miles... 131 miles and beyond.
Resource estimates grew from 52 million ounces... to 70 million... 100 million 200 million... 265 million and more. (The Striker has already secured the rights to the inferred 265 million ounces of "in ground silver!)

Finally, the company has reached the end of the strike. It stretches for 186 miles - almost the length of the Great Chu Wall.More important, the strike contains an estimated 30.2 billion ounces of silver... worth 4 billion.
Investors who get in during the early stages of this discovery could see good gains...We're talking about enough silver to increase the Striker's market cap 4,662%.Fact is, big discoveries almost always equal big gains... especially in these markets...

Tuesday, August 7, 2012

Get A Home Loan With A Poor Credit History: Tricks For A Successful Search

As many potential home buyers are aware, a person or couple's credit history is one of the most important factors considered when a bank decides to grant a home loan. With a poor credit history, that is, one that includes late payments, defaults, bankruptcies, CCJs, etc., finding any loan is difficult, not to mention a home loan. Therefore, people in such a situation need to look beyond traditional lending options and instead search out a bad credit home loan.

What Is a Bed Credit Home Loan?

Typically, home loans that are given to borrowers with poor credit are given with some important terms. The first, and most damaging, is a higher interest rate. Also, these loans also will carry much tougher terms in the case of late and missed payments. Fees may be higher and penalties stiffer if the borrower with bad credit should not be able to fulfill his loan obligation.

In these cases, taking a true and detailed stock of your current financial position and comparing the offers of several bad credit lenders are essential. Getting a home loan with bad credit is certainly possible, but the path towards doing so can be tricky.

Pleading Your Case and Getting a Loan

Not all borrowers with poor credit are created equal. In many cases, the circumstances that led to the drop in your credit score are out of your control. Depending on this situation, the process of getting a home loan can be much easier. However, you will need to be honest with your lender about why your credit is poor and what steps you have taken in order to remedy the situation. A sudden job loss, for example, can hinder one's ability to repay loans, but once you are back to work and earning good money, the same circumstances are not in place and you become a better loan candidate.

In that same breath, you will need to prove to the lender that you have the financial ability to repay the home loan you take. This can be accomplished in a number of ways. First, you must obviously go through the typical loan application process. You should also draw up a detailed budget that shows how much money you will have free each month so that you can repay your loan. You may also consider gathering letters of recommendation from colleagues, bosses, etc. that attest to your reliability and responsibility. Basically, you want to go to whatever lengths necessary to prove that you are able to repay your home loan, even though you have bad credit.

Home Loan Comparison

The other important step that you need to take in getting a home loan with poor credit is to comparison shop for the best deal. Generally, traditional banks and also credit unions will not be very keen to work with you if you have bad credit. Home loans are therefore easier to get online through bad credit lenders. However, not all online lenders are created equally, so you will need to be sure to talk to several different agencies as a means to compare the deals that they offer.

Once you have all your offers laid out, look at the fine print of each loan. Notice not only big numbers like principles and interest rates, but also notice fees, penalties and other terms. Once you lay all of the details side-by-side, the best lender will be easy to spot.

You Can Get a Home Loan with Bad Credit

Though the process is certainly not as straightforward as many would like, to get a home loan with a poor credit history is certainly possible. Make sure that you are prepared to talk to not just one, but several lenders and that you are ready to take on the responsibilities of owning your own home.

Sunday, August 5, 2012

Designer Bag Rentals Allow Women To Experience Luxury Labels

Fashion dictates that when attending certain events a woman be adorned with the best that money can buy. Making an impression during a job interview or an elaborate date or even when going on vacation a woman that is dressing up for the special moments in her life can accessorize her wardrobe with a series of designer handbags and purses that reflect her taste for quality and style. However, due to the costs that are associated with the various products that are imported from designers all over the world many women find that they are limited by the accents to their outfit. However that does not have to be the case any longer. Rather than spending hundreds or even thousands of dollars on the purchase of a single purse a woman that knows fashion now has the choice to rent designer handbags instead of buying a new clutch to go with each dress or item of business attire in her wardrobe.

Being able to rent purses a woman that wants to have a high end accent added to the designs in her wardrobe can find that designer bag rentals offer a solution to the dilemma of purchasing a Prada or Gucci purse that is valued more than the entire ensemble that she is dressed in. While some women purchase a knock off imitation of the designs from Channel or Salvatore Ferragamo there are many money conscious individuals that make it a point to rent the luxurious items that they would like to own to mark the most important events in their life. For a woman that is getting married and going away for her honeymoon the addition of a designer handbag can make her travels more rewarding as she is treated to a vacation with her new husband.

Attending charity events or balls or just allowing herself a small indulgence in the finely crafted textures of leather that are created from the designs of Versace and Louis Vuitton a woman that is dressing for success or sophisticated elegance can afford to accent her wardrobe choice with a complementing purse that lets the world know she is someone that has discerning taste and style. Even though she not own the handbag that is carried on her arm, a woman that knows when to add the right touches of class to her outfit can find a selection of designer bag rentals that can make her look and feel like a winner. Taking advantage of the choices in labels that are available from the online rental agent women across the country can take a moment in their life to enjoy the luxury and elegance of the name brand designer fashions that are being rented to woman who know fashion.

Saturday, August 4, 2012

Payday Loans

Sometimes when things become a little tough, we do things without too much thought. Usually because we want to put the tough thing behind us and move on. This can result in jumping in on payday loans and regretting it later. Payday loans aren't all that evil as long as you know what you're getting into and you take some time thinking about actually doing it and how you'll later terminate the loan.

To begin with, payday loans aren't always a good choice! Don't get tricked by the ads from the mall, radio, television or Internet. Even if you desperately need some cash until your payday, you should consider all the alternatives first. In my opinion, a brief definition for payday loans is expensive cash.

Payday loans are short-term cash loans. The amount of money that can be borrowed regularly ranges from 0 to ,000, and it depends on the laws of each state. The average term is about two weeks. Payday loans are made by check cashers, finance companies, payday loan stores, and others. They are also designated as cash advance loans, check advance loans, deferred deposit check loans or post-dated check loans.

This is how it usually works: the borrower writes a personal check for the sum borrowed plus a fee and he receives the amount he or she wishes minus the fee. Fees are regularly a percentage of the value of the check, but they can also be a fixed value charged per a specific amount (like for each 0 borrowed). When the next payday comes, the borrower can redeem the check for cash. Otherwise, he can pay the finance charge again and roll the loan for another two weeks.

To get an idea of how expensive payday loans are, you must know that this type of loan costs on average 470% APR (annual interest), while the APR a credit card is rarely higher than 60%.

Let's assume you want to make a payday loan for the amount of 0, the loan fee is of .50 per 0, and the loan term is 14 days. Therefore, in order to redeem the check you have to pay 2.50 when the 14 day period is over. You can pay it by cash or you can allow the check to be deposited at the back. If you still don't have this money, you must pay the fee of .50 to renew the loan for another loan period. This means that borrowing 0 for a month will cost you 5. That's not cheap at all! By comparison, a 0 cash advance on an average credit card, repaid in one month, would not cost you more than .

All you need to get a payday loan is an open bank account and a steady source of income. However, lenders are not necessarily interested to find out if the borrower can afford to repay the loan. If you don't pay the loan, it becomes an uncovered check in your bank account. If you fail to repay it, you will get a bounced check fee from the lender and from the bank. You will receive negative ratings on specialized databases and because of this you might lose your bank account and have difficulty in opening a new one.

Because of the very high cost to borrow and the short repayment terms, the consumers sometimes tend to be trapped in repeat borrowing cycles. Reports show that almost 60% of all loans made every day are either loan renewals, or loans taken out by the same consumer immediately after paying off the last one.

Payday loans with three-digit interest rate are prohibited in twelve states in the USA, where they are considered to be small loans or usury caps.

The internet payday lending has become very popular lately. You can apply online and loans are directly deposited into your bank account. When the payday comes, the amount of money you've borrowed is electronically withdrawn. If you choose to renew the payday loan, the finance charge is electronically withdrawn from your account.

Here is a suggestion in order to avoid getting a payday loan. First of all, shop carefully! If you really need that money, try to get an advance on pay from your employer or borrow the money from family or friends, at least you can do this for free (usually). Figure your daily and monthly expenditures, and try to avoid unnecessary purchases. You should also build some saving, so that there will be no need to borrow money for unexpected expenses or emergencies. If you still decide you want to use a payday loan, make sure you don't borrow more than you can pay with your next paycheck.

Friday, August 3, 2012

PPI Claims - Finding a good claims management company

Claims Management Companies (CMCs) have come under fire from certain consumer groups for taking advantage of clients who want help claiming back PPI. In some instances the CMCs are gaining more money from a PPI claim than the claimant receives or, even worse, charge more for their services than the actual winnings they manage to claim.

This is obviously wrong, and those responsible for situations like these are just as bad as the banks which employed dubious strategies to mis-sell PPI to millions of customers.
Any CMC who purports that their service is the only way for a person to successfully reclaim PPI charges and interest is not being truthful, and it's important for you to be diligent when choosing a CMC to handle your case. Despite some of the pitfalls, it is indisputable that a CMC on the whole can be hugely effective in winning a claimant back their money when selected properly.

It is important to remember that a person can certainly claim themselves, and are more than welcome to if they feel they have the time and the confidence to do so.

A High Court ruling gave consumers a massive helping hand when, in April 2011, they ordered banks to contact anyone who was mis-sold PPI, and to help return people their money with as little hassle and argument as possible.

There's also the Financial Ombudsman Service (FOS) which handles a huge number of complaints on behalf of mis-sold PPI customers and has a strong record for ruling in favour of a claimant should a bank dispute a PPI claim.

When a person is denied a claim by their respective bank, an aggrieved customer can contact either the FOS or a CMC to take things to the next level.

A trustworthy claims management company will do whatever it takes to reclaim mis-sold PPI using their expertise and experience in the field, for a percentage of the winnings on a 'no win no fee' if this is suitable for a client.

A reputable claims management company will be aware of the strategies necessary to quickly get an aggrieved customer's mis-sold PPI payments back to them, and they should offer a friendly and professional service and be very clear about any fees or charges that may be incurred in their pursuit of a PPI claim.

However, not all claims management companies could be considered "reputable" - in fact, many which sprang up as soon as the PPI crisis became big news seem to be just as crooked as the banks that mis-sold you PPI in the first place.

You are under no obligation to take a CMC's services if you are unsure that the company you are dealing with is highly regarded and trustworthy. If a claims management company feeds a person lines about how their way is the only way, or use hard-sell tactics - like phoning a person up and telling them that they will not win without them - hang up.

Anyone who is too busy, have been turned away or is frustrated and unsure of the claiming process should contact a claims management company if they wish to lighten the burden of dealing with the banks and the complaints procedure.

Their expertise in claiming could make all the difference and enlisting their services for a fee is better than only getting minimal PPI costs back or not being able to claim at all.