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Barclaycard Loan Insurance

The number of people making a complaint regarding mis sold payment protection insurance has increased dramatically in recent years. The increase began in 2006 when investigations by the Office of Fair Trading and the Financial Services Authority (FSA) exposed significant issues with the way in which it was being sold by many lenders. The FSA fined several lenders in connection with the investigation, but the PPI industry as a whole was put under the spotlight and the issue of mis-selling was found to be widespread.

If you are unsure whether your Barclaycard loan insurance may have been mis-sold, you may find the list below helpful. If any of these circumstances applies to you, you may be eligible to make a claim and could be entitled to thousands of pounds in compensation.

Were you sold the cover without the full terms and conditions being explained?
In order to make a decision as to whether loan insurance was right for you your lender should have clearly explained the terms and conditions to you.

Were you sold the cover without the full costs being made clear?
Payment protection cover can be expensive. Your lender should have made the full costs clear before you took up the policy.

Were you told you had to have payment protection insurance?
Payment protection insurance has always been an optional extra. If you were told you had to have the cover you were given the wrong information.

Were you sold a single-premium policy that did not cover the whole length of your loan?
Single-premium PPI policies have recently been banned. The cover usually lasts for a set period of time, often around five years, but was sold by many lenders to customers with longer length loans. In many cases customers were not told they would not be covered for the full length of the loan.

If you think your Barclaycard loan insurance policy may have been mis-sold you could start reclaiming PPI today by calling 0207 471 2000.


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Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit 16, Elysium Gate, 126 New Kings Road, London, SW6 4LZ and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

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* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

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