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In Great Britain, MyChargeBack handles these categories of claims on a strictly ‘no up-front’ fee basis.
The documentation required for the company to prepare the case write-up will include details about the account and the monthly payments made, and how the account was mis-sold. It may take up to eight weeks for your financial institution to provide you with a final response. If the response from your bank is unsatisfactory, we could then forward your case to the Financial Ombudsman Service.
If the bank or financial institution upholds your claim in your favour, our fees, should we be successful with your claim, are 30% plus VAT of the total money recovered. These are typically deducted from the money you are awarded. Should you receive payment directly or it is added to your account, your fee will still be payable. Example: Total compensation received: £3,000, fees charged @30%: £900, VAT @20%: £180 consumer pays the company: £1,080.
*Fees: For Illustrative purposes only – these are neither estimates nor examples of what you will receive.
The documentation required for the company to prepare the case write-up includes details about the type and timing of charges that have been incurred, the credit agreement and whether these charges are within the credit agreement, and information about your current financial status. It may take up to eight weeks for your bank to provide you with a final response. If the response from the bank is unsatisfactory, we could then forward your case to the Financial Ombudsman Service.
If the bank or financial institution upholds your claim in your favour, our fees, should we be successful with your claim, are 30% plus VAT of the total money recovered. These are typically deducted from the money you are awarded. Should you receive payment directly or it is added to your account, your fee will still be payable. Example: Total compensation received: £3,000, fees charged @30%: £900, VAT @20%: £180 consumer pays the company: £1,080.
*Fees: For illustrative purposes only – these are neither estimates nor examples of what you will receive. Please note that, at present, chargebacks against financial institutions do not fall within the regulation of the Financial Conduct Authority (FCA). Therefore, there is no recourse to the Financial Ombudsman.
MyChargeBack UK provides free initial consultations. If MyChargeBack UK is engaged to assist with the processing of a chargeback or other fund recovery service, it will be offered to you on a no-win, no-fee basis, and as part of the claims management service for which the company is authorised and regulated by FCA. Certain QFL services, such as cryptocurrency blockchain analysis and cyber investigative services, fall outside the scope of QFL’s regulated activities and, therefore, will not be subject to regulation by the FCA. The preparation of such reports may be subject to retainers and/or fees. Please note that QFL does not offer any financial or investment advice.
The correspondence address for QFL is 21 Bedford Square, London WC1B 3HH, United Kingdom.
MyChargeBack UK regards phishing and spoofing attempts against our clients very seriously. We advise you to verify that the email you receive from MyChargeBack UK is indeed sent from mychargeback.co.uk. If you are sent any type of communication carrying our name that looks suspicious, please forward a copy to us at [email protected]