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Claiming Back Credit Card Charges

Claiming back credit card charges might not be as easy as you think after having been mis sold PPI but it can be done. The first thing to do, of course, is to prove that the lender acted in a less than ethical way when adding payment protection insurance to your credit card and once that is accomplished you are well on your way to getting a refund. Unfortunately, the problem will be in getting the lender (credit card issuer) to agree that they indeed mis sold PPI to you. In order to have a rock solid case in claiming back credit card charges you will need to know what you are talking about in terms of mis sold PPI.

How Can PPI Be Mis Sold?

Selling insurance product must follow very strict procedures in order to be in compliance with UK rules and regulations. When claiming back credit card charges you will need to be absolutely certain of what is rules and regulations are so that you can cite them in your PPI claim. The thing to keep in mind when proving mis-sold PPI is that you need to prove, beyond a shadow of a doubt, that the lender acted in a way that clearly violated those rules. Perhaps the lender didn't tell you that payment protection insurance was being added to your credit card charges or perhaps the lender misrepresented the insurance cover. There are also times when credit card issuers fail to disclose all the terms of the policy. Then there are instances when the consumer clearly made the credit card issuer aware of the fact that he or she had pre-existing medical conditions that periodically kept them out of work. If the lender made the consumer believe those would be covered as well, it is cut and dry mis sold PPI. Claiming back credit card charges depends on being able to prove that your lender mis sold PPI in some way by either deceit or omission.

How Credit Card Protection Differs from Loan Insurance

One of the things that may be difficult when claiming back credit card charges is the fact that most often payment protection on credit cards differs from payment protection on loans. When the lender assesses payment protection to a loan it will be a one-time premium that is added to the actual loan and thereafter the borrower not only pays off that amount but interest on it as well. This is one of the biggest aspects of the payment protection scam that has borrowers up in arms. On the other hand, when payment protection is added to credit cards it may or may not be assessed as a one-time fee usually on an annual basis. In any case payment protection on credit cards is charged along with any other items on a monthly basis. If the credit card holder has been mis-sold this protection insurance in any way there are ample grounds to claim back any charges related to payment protection insurance.

If you would like to discuss the best way to file a claim against the issuer of your credit card for mis-selling payment protection insurance to you, contact the claims team at 0207 471 2000. A claims specialist would be happy to answer any questions you have.


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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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