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Our Fees Explained

Claim Partner A

Irresponsible Lending

Our claim partner will act on a “no win no fee” basis which means that you only pay fees in the event you are successful and at least part of the award includes a cash refund. Damages Based Agreement (DBA) Fee – 40% plus VAT

Bank Fraud

Our claim partner will act on a “no win no fee” basis which means that you only pay fees in the event you are successful and at least part of the award includes a cash refund. Damages Based Agreement (DBA) Fee – 25% plus VAT

Data Breach

Our claim partner will act on a “no win no fee” basis which means that you only pay fees in the event you are successful and at least part of the award includes a cash refund. Conditional Fee Agreement (CFA) Fee – will not exceed a sum equivalent to 25% plus VAT of any damages the client receives. In addition to the claims partner will receive their firm fees and disbursements which are recoverable from the defendant.

Housing

Our claim partner will act on a “no win no fee” basis which means that you only pay fees in the event you are successful and at least part of the award includes a cash refund. Conditional Fee Agreement (CFA) Fee – will not exceed a sum equivalent to 25% plus VAT of any damages the client receives. In addition to the claims partner will receive their firm fees and disbursements which are recoverable from the defendant.

Timeshare

Our claim partner will act on a “no win no fee” basis which means that you only pay fees in the event you are successful and at least part of the award includes a cash refund. Damages Based Agreement (DBA) Fee – 25% plus VAT

Termination Fees

All claims have a 14 day cooling off period. Beyond this clients need to consult with the individual law firm or claim partner to assess the specific termination fees applied.

 

Claim Partner B

AFCS

Your claim will be dealt with on a “No Win, No Fee basis”. If your claim for compensation is successful our claim partner does charge a success fee (25% + vat of recovered damages) which is taken out of your compensation at the conclusion of the case. They do not charge any upfront fees. If your case is unsuccessful, you do not have to pay fees as long as you comply with the terms of your conditional fee agreement.

NFCI

Your claim will be dealt with on a “No Win, No Fee basis”. If your claim for compensation is successful our claim partner does charge a success fee (25% + vat of recovered damages) which is taken out of your compensation at the conclusion of the case. They do not charge any upfront fees. If your case is unsuccessful, you do not have to pay fees as long as you comply with the terms of your conditional fee agreement.

PI

Your claim will be dealt with on a “No Win, No Fee basis”. If your claim for compensation is successful our claim partner does charge a success fee (25% + vat of recovered damages) which is taken out of your compensation at the conclusion of the case. They do not charge any upfront fees. If your case is unsuccessful, you do not have to pay fees as long as you comply with the terms of your conditional fee agreement.

Irresponsible Lending

Our claim partner will act on a “no win no fee” basis which means that you only pay fees in the event you are successful and at least part of the award includes a cash refund.

Where you have an outstanding balance with your lender, they might seek to offset any compensation against your outstanding liabilities. This means that you may not receive the actual cash in your hand. In the event that ALL of your compensation is a reduction in your outstanding balance, they will not charge you a fee. The amount you will pay us will never exceed the total cash compensation you receive but it is calculated based on the amount of Total Compensation you are awarded.

‘Total Compensation’ means any direct monetary payment or balance reduction made by your opponent in respect of your claim. It includes both the cash and balance reduction elements of a refund. For Example, if you are award £1000 refund but have a £500 balance and as a result receive £500 cash plus a reduction in your balance of £500, we will charge our fee based on £1000.

Band Total Compensation Received Maximum % rate of charge (Inc VAT) Maximum total fee (Inc VAT)
1 £1 – £1,499 36% £504.00
2 £1,500 – £9,999 33.6% £3,000.00
3 £10,000 – £24,999 30% £6,000.00
4 £25,000 – £49,999 24% £9,000.00
5 £50,000 or above 18% £12,000.00

The standardised figures used above are for cost illustrations only and are not to be taken as an estimate of the amount likely to be recovered for you. The fee you will have to pay will be based on your compensation award which will vary based on the amount you borrowed, length of time and overall cost of the lending. This means what you pay might be more or less than the illustrations shown above.

If you fail to cooperate or provide false or misleading information to Clear Legal Marketing Limited, you may be liable to pay any costs incurred.

Worked Fee Examples

Full Cash Refund

This provides you with worked examples where you receive 100% of your Total Compensation in cash.

Band Example Cash Refund Received Maximum % rate of charge (Inc VAT) Maximum Fee You Will Pay Amount you will receive after our fee
1 £749.50 36% £269.82 £479.68
2 £4,999.50 33.60% £1,679.83 £3,319.67
3 £12,499.50 30% £3,749.85 £8,749.65
4 £24,999.50 24% £5,999.88 £18,999.62
5 £50,000.00 18% £9,000.00 £41,000.00

Part Cash Refund and Part Balance Reduction

This provides you with worked examples where you receive only part of your Total Compensation in cash and the rest pays off your outstanding balance.

Total Compensation Cash Refund Element Balance Reduction Element Our Fee You Receive
£749.50 £374.75 £374.75 £269.82 £104.93 plus 100% write off your remaining balance
£4,999.50 £2,499.75 £2,499.75 £1,679.83 £819.918 plus 100% write off your remaining balance
£12,499.50 £6,249.75 £6,249.75 £3,749.85 £499.9 plus 100% write off your remaining balance
£24,999.50 £12,499.75 £12,499.75 £5,999.88 £6499.87 plus 100% write off your remaining balance
£50,000.00 £25,000.00 £25,000.00 £9,000.00 £16000 plus 100% write off your remaining balance
£1,499 £149.90 £1,349.10 £149.90 £0 plus 100% write off your remaining balance

Please note: the amount you pay will either be a sum equivalent to the ‘Maximum % Rate of Charge’ or a sum equivalent to the ‘Maximum Total Fee’, whichever is the lesser.

For example, a customer who is awarded redress of £1,000 must not be charged more than £300 (plus VAT). This is the lower figure out of: (a) the maximum % rate 36% of £1,000 and (b) the maximum total fee of £504.00.

However, a customer who is awarded redress of £1,450 must not be charged more than £504. This is the lower figure out of: (a) the maximum % rate of 36% of £1,450 awarded (which is £522); and (b) the Max Total Fee of £504.

Commission Payments

Credit Reporting Agency Limited will pay Clear Legal Marketing Limited a fee of £12 for each validated subscription to their 30 day free trial. In addition, they also offer an additional tiered bonus structure based on the number of leads we send to them in a calendar month. Please see a breakdown below.

Tier 1: 30 – 49 leads = 10%
Tier 2: 50 – 99 leads = 20%
Tier 3: 100 – 249 leads = 30%
Tier 4: 250+ leads = 35%

For example, if we were to send them 100 validated trials in a single month, we would receive £1,200 plus the £360 bonus (i.e. £1200×30%).

Our claim partner asks that you send a copy of your credit report so that it can assist in the formulation of your complaint and so they can highlight any additional claims you might have.

You do not need to use Credit Report Agency Limited’s product. There are a number of companies providing credit reports which you could use instead.

Termination Fees

All claims have a 14 day cooling off period. Beyond this clients need to consult with the individual law firm or claim partner to assess the specific termination fees applied.

Claim Partner C

Deafness

Your claim will be dealt with on a “No Win, No Fee basis”. If your claim for compensation is successful our claim partner do charge a success fee (25% + vat of recovered damages) which is taken out of your compensation at the conclusion of the case. They do not charge any upfront fees. If your case is unsuccessful, you do not have to pay fees as long as you comply with the terms of your conditional fee agreement.

Termination Fees

All claims have a 14 day cooling off period. Beyond this clients need to consult with the individual law firm or claim partner to assess the specific termination fees applied.

Claim Partner D

Personal Injury

Your claim will be dealt with on a “No Win, No Fee basis”. If your claim for compensation is successful our claim partner do charge a success fee (25% + vat of recovered damages) which is taken out of your compensation at the conclusion of the case. They do not charge any upfront fees. If your case is unsuccessful, you do not have to pay fees as long as you comply with the terms of your conditional fee agreement.

Termination Fees

All claims have a 14 day cooling off period. Beyond this clients need to consult with the individual law firm or claim partner to assess the specific termination fees applied.

Claim Partner E

SLA

Your claim will be dealt with on a “No Win, No Fee basis”. If your claim for compensation is successful our claim partner do charge a success fee (25% + vat of recovered damages) which is taken out of your compensation at the conclusion of the case. They do not charge any upfront fees. If your case is unsuccessful, you do not have to pay fees as long as you comply with the terms of your conditional fee agreement.

Termination Fees

All claims have a 14 day cooling off period. Beyond this clients need to consult with the individual law firm or claim partner to assess the specific termination fees applied.

Claim Partner F

Pensions

Our claim partner will act on a “no win no fee” basis which means that you only pay fees in the event you are successful and at least part of the award includes a cash refund. Conditional Fee Agreement (CFA) Fee – will not exceed a sum equivalent to 35% plus VAT of any damages the client receives. In addition to the claims partner will receive their firm fees and disbursements which are recoverable from the defendant. Our claim partner reserves the right to charge an early termination fee equivalent of x% hours worked on the case up until the contract is terminated.

Termination Fees

All claims have a 14 day cooling off period. Beyond this clients need to consult with the individual law firm or claim partner to assess the specific termination fees applied.