No Win No Fee

No Win No Fee PPI Refunds

Challengeyour.com work on a no-win no-fee basis, so unless we recover compensation, you don’t pay a penny to us!

If we recover compensation, our fee will be equivalent to 25% plus VAT of the compensation recovered (overall, this is equivalent to 30% of the compensation recovered).

For example, if we recover £1,000 compensation, our fee will be £300 and you will receive the balance of £700. This fee covers the cost of your entire claim with Challengeyour.com, including an appeal to the Financial Ombudsman Services, where necessary.

In addition to our fee, if we win, any data protection fees paid by Challengeyour.com will be chargeable: these are not expected to be higher than £10 per case.

There are no hidden costs – it’s here in black and white.

What is compensation

Compensation is any amount paid due to actions taken by Challengeyour.com which would not have been paid had no action been taken by you. Compensation can include the following:

Credit Cards

• All charges or fees recovered + interest

Payment Protection Insurance

• PPI premiums & interest paid to the date of settlement
• Statutory interest payable on each premium to the date of settlement
• Any other amount, including rebates, written off the loan after Challengeyour.com has submitted a complaint to the advising firm.

Note: Your loan or credit card provider may use your compensation to reduce your loan or debt balance. To explain:

In the event that you receive compensation which is not in a cash form – for example your loan balance is reduced following a claim made by Challengeyour.com our fee will be calculated on the basis of the total reduction made to the loan/credit card balance.

For example, if a loan/credit card balance is reduced by £1,000, our fee will be £300. This fee covers the cost of your entire claim with Challengeyour.com.