Credit Card PPI Help

What is credit card PPI?

Credit card PPI is a special type of payment protection insurance that can be taken out by credit card borrowers so that in the event of the borrower being unable to work the an amount of the credit card payments are covered. Examples of when credit card PPI would cover credit card payments are instances such as:

• Giving up work to be a carer
• Serious illness
• Being involved in an accident
• Being made redundant.

Do you have Credit Card PPI?

If you are unsure whether you have credit card PPI then the simplest route is to ring your credit card issuer, quote your account number and then ask then if you have a credit card PPI policy.

Please note that for credit card, PPI charges should legally be illustrated on the credit card statement. Credit card PPI charges are added to your account every month.

S.A.R request to find out of you have credit card PPI

A Subject access request (SAR), can used to obtain all records about whether you have credit card PPI from any credit card company that they hold under the data protection act 1998.

When a credit card company holds information about someone they must register with the data commissioner and abide by the act. Under the DPA98 a person may request all information held about credit card PPI with the company charging a max of £10.

If the credit card company fail to send you the information within a certain amount of time you can report them to the to data commissioner.

Have you been missold a credit card PPI policy?

Were you mis-sold credit card PPI? In the UK over three million people who took out credit card PPI sold by credit card companies and banks and other lenders who could be in line for compensation totalling more than two billion pounds.

Credit card PPI checklist

• You may have been missold credit card PPI if you were sold a PPI policy that ran out before the term of the loan finished.
• You may have been missold credit card PPI if you purchased the credit card PPI policy after 14th January 2005 and did not receive a 'demands and needs statement'
• You may have been missold credit card PPI if you were told that you were obligated to take out a PPI policy.
• You may have been missold credit card PPI if you were not told that you would not be covered if you had existing illnesses.
• You may have been missold credit card PPI if you were told to pay in advance for the PPI.
• You may have been missold credit card PPI if the PPI amount was added to the loan and then the credit card company had the chutzpah to add the amount of the PPI onto the loan and then charge interest on whole amount.

If you’re not sure what do to next – get in touch with us. We should be able to sort out which company is involved and pursue then for compensation.

• 'No Win - No Fee' Service and No Upfront Fees
• Expert friendly advice
• We will handle your case from start to finish.

Click here to complete your PPI Claim Form