If You Are In Arrears Or In Debt Management You Could Still Make A Claim

In general, most PPI companies will not accept PPI claims from clients who are in arrears or in debt management. This is because if the client is successful in claiming back PPI the award in PPI compensation is usually allocated against the arrears and paid of the debt so there is no cash payment made to the client. In this case a fees which are due are not affordable and this even more so, if the client is already in debt management.

Fast Track Reclaim do not belive this is fair and will consider all claims regardless of the financial situation of the client. Fast Track Reclaim’s debt management division, Fast Track Financial, are able to assist clients reduce their overall debt my making a successful PPI claim and also place the customer into an affordable payment plan accordingly.

It is our company polciy to make sure that our clients are always placed in a better financial position as a result of making a successful PPI claim.

Debt management allows you to make one affordable monthly payment to a debt management company who distribute payments to your creditors on your behalf, without having to borrow any more. You can manage your debt by making payments which are realistic and within your budget.

Debt management is an informal arrangement between you and your creditors, negotiated by Fast Track Financial on your behalf.

You make one affordable payment to Fast Track Financial, which we distribute to your creditors. The new payment will depend upon individual circumstances.

Sometimes debt can be overwhelming. Maybe a change in circumstances, reduction in income, or the break-up of a relationship has resulted in serious financial trouble.

Fast Track Financial provides a solution designed to meet the personal needs of each and every individual client.

We will assess your financial circumstances to discover if you could reduce your monthly payments.

You’ll discover the EXACT payments your creditors will accept based on what you can afford to pay – NOT on what they are demanding you pay!

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