Does this come under PPI?

[Mrs Charlton]

Hiya,

I consider myself 'old hat' at the bank charges now (lol) but am very new to the PPI thing.
I have 2 credit cards from a couple of years ago, one has 'Payment Protection Plan' on a few of the statements (before I cancelled it) and the other has 'Payment Break Plan' (again before I got wise and cancelled it).

Are these considered PPI? Is this claimable? I sincerely hope so, both credit limits were quite high and I was forking our a fortune for these 'plans' for a good 10 months or so.
Cheers

Mrs C. xxxx

	Bank Charges You should have started your claim for your bank charges by now. Don't wait. You should send your bank a Subject Acess Request asking for all personal data they hold on you - not just statements. You should calculate all of your bank charges and related interest as far back as 1995. You should send your bank a demand for a refund giving them 7 days. You should commence your legal action adding 8% statutory interest. If you wait for the outcome of the test case, you may not be able to claim like this. you may not be able to claim interest. You may only be offered the difference between the charge and the OFT "fair charge". The repayment scheme will try to limit you to refinds from 2001 only. A repayment scheme will not deal with any bank charges related defaults on the credit register whereas in a court action you can ask for these to be removed and to be compensated for the damage caused to you and your family by them. You should also write to the bank and to the CRA and put all charges related credit entries in disupte and warn them that you will want them removed from the Register when the test case is over. Warn them also that you are likely to be seeking compensation for these wrongful data entries. Full and final settlement Have you previously accepted a partial repayment of your bank charges in full settlement? You will still be able to claim the rest of your money back after the Test case is decided. Get all your information back to 1995 and put in your claim now.

[reidnet]

I would say Yes def to the PPI, Im not sure about the Payment Break one, I havnt come across that one as yet..(but will go and have a hunt about the net to see what Info is out there..lol)

Which company did you have the card with the Payment Break on it ?

Ian

[Mrs Charlton]

Payment Protection Plan was Barclaycard and Payment Break Plan was Monument. *Fingers Crossed!*

[reidnet]

Hi,
I did a little bit of digging around, well hit a few keys on the keyboard and found this posting which I think be of use to you.

Monument Visa Credit Card - Review - Monument really tried my patience

Ian

[Mrs Charlton]

Oh my goodness I have could have written that review. Thanks for that Reidnet, think I'll send a prelim letter out after all.

[reidnet]

Good Luck...

Ian