A consumer was driven into debt by payment protection insurance (PPI) on his Barclaycard credit card without being fully covered by the policy.The individual wrote to the Independent's financial advice pages after it became clear that large monthly fees for PPI were the main reason for accruing debt.However, as the consumer was over the age of 65, the cover offered through the PPI policy was significantly reduced and thus it had been mis-sold, as this was not communicated when it was originally arranged.Although Barclaycard promised to refund four years' worth of premiums, worth £864, customers should also be entitled to get back the interest paid on their PPI Customers who have been mis-sold PPI should also receive a goodwill payment equivalent to the interest had it been invested profitably elsewhere, reflecting the fact they had not been properly covered.Last week, it emerged that a group of organised criminals were using PPI payments as part of an elaborate fraud which was uncovered by the Serious Organised Crime Agency.If you would like to get your payment protection insurance back - PPI Claim from Barclaycard then fill out the Quick Claim form or call Belmont Thornton on 0845 526 0000 for PPI claim advice
Belmont Thornton Ltd. is regulated by the Ministry of Justice in respect of regulated claims management activities; our registration is recorded on the website www.claimsregulation.gov.uk number 18273
Belmont Thornton Ltd. is incorporated in England and Wales, Company number 6621233, whose head office and registered office is at Suite 2, Unit 25, The Coda Centre, Munster Road, London, SW6 6AW. VAT Registration number 945 3375 06.
Belmont Thornton Ltd is registered with the Information Commissioners Office to ensure compliance with the Data Protection Act 1998 registration number Z1728023 and holds a Credit Consumer License issued by the Office of Fair Trading license number 634655.
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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.