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Home » FAQ » Payment Protection Insurance » How much will I pay for the services of EMCAS?

How much will I pay for the services of EMCAS?

EMCAS charge 25% + VAT (30% inc. VAT) of any refund gained on your behalf.

Example 1

Example 2

Example 3

Term into Loan

1 year

Term into Loan

5 years

Term into Loan

9 years

Cash Refund

£300

Cash Refund

£1,500

Cash Refund

£2,700

Loan Reduction

£2,700

Loan Reduction

£1,500

Loan Reduction

£300

EMCAS' Fee @ 25%

£750

EMCAS' Fee @ 25%

£750

EMCAS' Fee @ 25%

£750

VAT @ 20%

£150.00

VAT @ 20%

£150.00

VAT @ 20%

£150.00

Total Fee: £900.00

Total Fee: £900.00

Total Fee: £900.00

If your PPI premium was added to your loan and we win your complaint any award may be paid to your loan, reducing your loan balance. Depending on how far through the loan you are and the value of the award it may be that your loan is repaid in full and you receive an additional cash lump sum, or it may be that your loan term is reduced.

Please be aware that if your loan is reduced and you do not receive a cash benefit, our fee would still be due. In this instance you would need to make arrangements to pay our fee from other sources.

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