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> Payment Protection Insurance (PPI)

Payment Protection Insurance (PPI) The misselling of Payment Protection Insurance is widespread, and believed to run into billions of pounds. This forum will help you to see if you have a valid claim for a refund, and guide you through the process.


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Old 29th November 2007, 17:29   #1 (permalink)
baslow138
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Watch out, there are Claims Touts about!

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Join Date: Jan 2007
Posts: 86
baslow138 Novitiate
Default How do you calculate PPI on a credit card account?

I think that Cap1 have ticked PPI on my' application form/ credit agreement' without my consent. How you I work out what to claim back?

Thanks

baslow
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Old 30th November 2007, 00:42   #2 (permalink)
steven4064
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Default Re: How do you calculate PPI on a credit card account?

Quote:
Originally Posted by baslow138 View Post
I think that Cap1 have ticked PPI on my' application form/ credit agreement' without my consent. How you I work out what to claim back?
Hi baslow

It should show up on your credit card statements. If you haven't got them, send Cap 1 an S.A.R - (Subject Access Request).
__________________
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If you have never done so, please read the site rules

Confused by Simple Interest? Confounded by Compound Interest? Read my Interest Tutorial


My Claims

GE Money Won unconditionally May 2007
NatWest Claim 1
Won unconditionally August 2007
NatWest Claim 2 Statements received - on hold
NatWest Claim 3
LBA sent - on hold
Brighthouse Won unconditionally August 2007
Goldfish Won unconditionally April 2008 (including CI on the basis of Sempra)
Next Catalogue - Statements recieved
Clydesdale Financial Services Won unconditionally February 2008

Any opinions are without prejudice & without liability. Almost everything I know concerning the law I learned from this site.

You can e-mail me at steven4064 at consumeractiongroup.co.uk . However, please note, I will not give advice by PM or e-mail. Please send a link to your thread and I will do my best to answer there.
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Old 30th November 2007, 07:57   #3 (permalink)
baslow138
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Posts: 86
baslow138 Novitiate
Default Re: How do you calculate PPI on a credit card account?

I can only assume that although it was ticked on my application form ( not by me I hasten to add) that they didnt actually enrol me on it as when doing my schedule 1 spreadsheets there was nothing indicating protection payments
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Old 30th November 2007, 10:33   #4 (permalink)
ukaviator
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Default Re: How do you calculate PPI on a credit card account?

On my Statements it did say payment protection payments. If this is not ticked by you, and i believe you have an application form only, you should claim it all back with Compounded Interest.
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Old 30th November 2007, 12:14   #5 (permalink)
steven4064
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Default Re: How do you calculate PPI on a credit card account?

Quote:
Originally Posted by ukaviator View Post
On my Statements it did say payment protection payments. If this is not ticked by you, and i believe you have an application form only, you should claim it all back with Compounded Interest.
But the questiuon was, how does he know how much he paid? Surely, if it is not on the statements, the answer could very well be, nothing.
__________________
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If you have never done so, please read the site rules

Confused by Simple Interest? Confounded by Compound Interest? Read my Interest Tutorial


My Claims

GE Money Won unconditionally May 2007
NatWest Claim 1
Won unconditionally August 2007
NatWest Claim 2 Statements received - on hold
NatWest Claim 3
LBA sent - on hold
Brighthouse Won unconditionally August 2007
Goldfish Won unconditionally April 2008 (including CI on the basis of Sempra)
Next Catalogue - Statements recieved
Clydesdale Financial Services Won unconditionally February 2008

Any opinions are without prejudice & without liability. Almost everything I know concerning the law I learned from this site.

You can e-mail me at steven4064 at consumeractiongroup.co.uk . However, please note, I will not give advice by PM or e-mail. Please send a link to your thread and I will do my best to answer there.
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Old 30th November 2007, 18:12   #6 (permalink)
ukaviator
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Default Re: How do you calculate PPI on a credit card account?

All of the statements i have seen quite clearly say "Protection Insurance" and the cost that month. If it is'nt there, then i don't think Baslow is paying any.

They have a PPI dept on a different phone number to the ones on their paperwork and website. I will post later as i am at work.

This has only come to light by myself yesterday. I spent 3 hours on the phone talking to this lot about PPI. The underwriter is AXA insurance, so they are next on my list to get in touch with.
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Old 30th November 2007, 22:53   #7 (permalink)
baslow138
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Default Re: How do you calculate PPI on a credit card account?

I can only think that whoever ticked it had second thoughts about actually actioning it illegally
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Old 1st December 2007, 08:06   #8 (permalink)
ukaviator
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Default Re: How do you calculate PPI on a credit card account?

This is the number for Capital One's PPI dept i came across on Thursday:

0800 422 0289

This is there PPI line complaints and information number.
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