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Claim Credit Card Charges

Banks that issue credit cards are notorious for charging late fees and penalty interest rates when cardholders are unable to make repayments. So it is somewhat surprising when a credit card company offers you a form of insurance that is supposed to protect you from defaults by providing repayment assistance when you unexpectedly become unemployed or injured. Sadly, while a large number of cardholders enrol for a payment's protection insurance (PPI) policy, a very small percentage of them will actually have their claims honoured by the insurance company because they'll be deemed ineligible for benefits. Once repayment assistance has been denied by the insurance provider the only option for many cardholders is to file a PPI claim against the lender or credit card company that mis-sold the policy.

What Kind of Credit Card Charges Are Caused by PPI?

Credit card companies earn profits from PPI policies in two ways - by earning a commission for selling the policy, and by earning additional interest through repayments are allocated towards the policy. Thus, when you claim credit card charges caused by a mis-sold PPI policy you not only be receiving the amount spent on the policy originally, but also the additional funds caused by interest. While some credit card companies will charge the cardholder for the policy incrementally on a monthly basis, others will charge a one time fee initially and apply the policy payment to the card's balance to begin accruing interest.

How to Claim Credit Card Charges with the Help of a PPI Claim Company

A PPI claim specialist can analyse your case by asking a few simple questions, and then recommend a suitable course of action in reclaiming funds spent on a mis-sold PPI policy. A PPI claim company does not get paid unless they're able to secure a settlement in the form of a full PPI refund. With such a high percentage of PPI claim cases being honoured, PPI attorneys are confident in their ability to secure a refund for the majority of their clients. As such, you can begin the claim process today with no more than basic information pertaining to the lender, loan type and the total amount of the policy and loan. Instead of attempting to claim credit card charges from the card company directly, consider the benefits of utilizing the assistance of a PPI attorney.

Claim Credit Card Charges Caused by Related Fees and Penalties

In addition to the basic PPI policy amount, you'll also receive a full refund of any fees or penalties that were incurred because of your inability to make repayments due to the additional financial burden of the PPI policy. In other words, if you incur a late fee for making your repayment several days late, you may be able to claim credit card charges and fees if you were paying for a mis-sold PPI policy at the time. Although it is not always possible to have fees and penalties refunded or reversed, a good PPI claim attorney will do everything in their power to ensure that you receive a significant refund, as the amount earned by the PPI claims specialist will depend entirely on the amount of the claim. The typical PPI claim case usually lasts no more than eight weeks, and many clients are able to claim credit card charges in less than two weeks.


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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 B16, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN 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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