Belmont Thornton Logo
Claim Back Loan Insurance

Mis Sold Payment Protection Credit Card

When you took out your credit card your credit card provider may have also sold you some kind of insurance or protection. On paper, this cover sounds good as it offers to cover repayments in the event you cannot work due to illness, accident or involuntary unemployment. In reality, the cover does not always offer the levels of protection the customer anticipates.

The costs

The cost of credit card payment protection usually sits between 79p and £1.50 per £100 outstanding on your balance. This means if you owe £5,000 on your card you may pay between £39.50 and £75.00 per month for the cover. Many make a payment protection claim because their lender failed to explain the potentially high costs of the cover. If you think you were mis sold payment protection credit card in this way then you too have the right to make a claim.

The low levels of cover

Something in common with all types of payment protection insurance is the high number of exemptions on these policies. Exemptions are circumstances not covered by the policies and these can range from common medical ailments such as back pain to whole groups of people, for example the self-employed. With regards to mis-selling two significant issues can arise from this. Firstly, if your lender sold you a policy you were ineligible to use this is a clear case of mis sold payment protection credit card. Alternatively, if you were sold a policy without the exemptions being clearly explained your policy may also be considered to be mis-sold.

To find out more about the circumstances that may render your policy mis-sold or for help starting your claim call 0207 471 2000.

Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Post Code 
Claim Back Mis-Sold PPI Button

Why Choose Us?

  • TickAbsolutely No Upfront Costs. No Win No Fee*
  • TickSpecialist Claims Team Always On Hand To Answer Your Questions
  • TickQuick, Easy And Simple Process
  • TickU.K. Based Call Center
  • TickGuaranteed To Start Your Claim In 24 Hours

Loan claim: Building societies warn of house price bubble

The Building Societies Association (BSA) is the latest to warn about the potential house price bubble that could arise f...

Bank claim: Lloyds raised concerns on Co-op finances

Lloyds Banking Group was aware that the financial position of the Co-Operative bank was unstable, said Lloyds chief exec...

Loan claim: first time buyers locked out for a decade

First time buyers will have to save up their deposit on a house for more than ten years, according to research from the ...

Bank charges: Commission tackles issue of RBS

The weak position of the Royal Bank of Scotland (RBS) is damaging to the UK economy, according to the Parliamentary Comm...

Bank charges: Report says customers and taxpayers were failed

Customers and taxpayers have been failed by the financial sector, according to the final report from the Parliamentary C...

Belmont Thornton Limited is regulated by the Financial Conduct Authority in respect of regulated claims management activities; FRN:838450

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* 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.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide