Example:

Tristan runs a small brokerage and in a typical day each of his 4 brokers have about 3 appointments dealing mostly with mortgages but also secured loans. That is about 20 appointments a day.

The recent credit crunch has meant that mortgage approvals have slumped and Tristan’s strategy has been to ride out the storm by adding profitable revenue streams to the main business. Financial compensation seemed like the obvious choice. At the end of each appointment (including telephone calls), they always mention financial compensation because nearly every client has at least one claim.

Occasionally, the client will want to go through their financial papers there and then to find out what claims they may have. It can take a few minutes but it is worth it. Recently, a client brought down all their loan documents from the last 2-3 years and it was immediately obvious that they had been sold expensive PPI policies alongside 3 loans without even knowing about it. - watertight cases worth £50 each to the broker Many clients have 4-5 credit cards which they have been struggling to pay for years resulting in hefty monthly penalties. Tristan often sees one client sign up there and then for their credit card charges, arrears fees, and mis-sold PPI. It means the appointment ends on a high note because the client is not being asked for money but rather we are telling them that there is an easy way to put money back in their pockets on the basis that the service is free unless they win a refund.

In a normal days’ work Tristan would expect to see half the appointments resulting in some claim forms. Those who are interested usually think it makes sense to claim back everything they are entitled to in one go. With the average client have 1 or 2 current accounts, 3 credit cards, mortgages/loans in the last few years an average day might yield:

1. 12 credit card claims - £120 commission (£10 each)
2. 10 bank charge claims - £650 commission (we hope £65 each)
3. 4 Mortgage exit fee or arrears claims - £42 commission (£10.50 each)
4. 3 Mis-sold PPI policies - £150 commission (£50 each)

Tristan is able to help his clients and generate pipeline commission of about £975 each day and this isn’t even the main business.

The key selling point is that if Claims Financial don’t win a refund we don’t charge a penny.

To find out more please contact John Roberts (Introducer Manager) on:
Tel: 07005 938074 Mob: 07831 629483
Email: john@zerocredit.info