What does it mean if you are importer, who buys leads Funding:
Previously, the Payment Protection Insurance claims submitted by a network of contributors, we assign them to a third lawyer, who will make the claim on behalf of the client, and then an invoice once the application was successful. The charge for the client in this case was 25% + VAT (eg value of claim £ 1.600,00, so £ 400,00 + VAT = £ 500,00) will receive a commission of 40% (£ 200, 00) which will be divided 70% / 30% for you, so £ 140,00 Commission.
Now as we move to the processing of these claims within the charge to each customer will remain the same as above, but would (generously) to separate the overall 50/50 Commission! Importance of £ 250.00! An extra £ 80.00 for three additional signatures, no additional work, just an extra four forms to sign. Additional benefits are clear that you can track the progress of each claim much easier for either the client or for your own sake! (Eg procurement)
Obviously it would be wise to have a copy to carry with you on customer visits to make sure security matters Payment Protection fully completed for submission, enabling you to maximize every profitable opportunity. However, if you know the information their clients before the meeting the client, you can pre-fill the customer information in the portal system and take simple forms required by the customer (s) signature.
It is however recommended to have extra parts forms as some customers will find their insurance policies Payment Protection had previously ignored, (mis-selling by itself!) These can be reported as a protective cover, Accident & Sickness Protection and various other combinations and / or and acronyms that mean the same thing! Ask your customers if you can see original copies of loan agreements / credit card / store card statements, and you can dig a little pot of gold! There are many rumors about our industry at present, even with claims management companies will succeed at the expense of lenders, but when combined with a management service debt, the fact that these customers are in particularly poor financial situation, This comes in a good position for successful claims. It also means that brokers can maximize the return for financing the purchase of leads and offer more services improves the chances of having at least one product that is able to offer every customer that contacts you.
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Tuesday, September 13, 2011
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