I'm a colleague i'm no legal advisor... not being funny but the plan is pretty clearly set out... although i admit most people take it out because we say 'If you have no balance on your statement, you wont be charged.' and most people interpret that as ''if i pay off my balance in full each month, its free'' whereas they are sorely mistaken... the product isnt ppi its quite clear, provident and vanquis are very clever in that sense, although human error and agents can miss sell ROP so its worth listening out over the phone you you take it out just incase

I'm not biased towards Vanquis because I think ROP is a waste of money if i'm being honest... But PPI stands for Payment Protection Insurance... Insurance = A contract between an insurance company and a person or group which provides for a money payment in case of covered loss, accident or death there is no money payment involved its a plan - which legally allows the customer to be entitled to no further interest build up or repayments necessary for up to 2 years... there is nothing they have legally done wrong, this isn't miss selling it is NOT insurance e.g. you crash your car, car INSURANCE = pay out for damages ROP = you become unemployed involuntarily = you freeze the account so that interest wont build up further... then in 2 years time, you still have to pay back the balance etc... on the account pre-activating ROP.

I work for Vanquis Bank and therefore understand the ins and outs of ROP Repayment Option Plan is an optional feature on the account to summarise You can freeze the account for up to 2 years if: EMPLOYED PLAN( unemployed involuntarily, sick disabled or accident which affects your abiltiy to make payments etc... the full features are read out over the phone and in the t&cs the cost for employed = £1.29 for every £100 on the statement each month UNEMPLOYED = £1.19 for every £100 likewise You can also take a payment holiday (miss a payment) once every 6 months provided the account is 6 months old and in order It is not PPI because you can only freeze the account, and so interest wont continue to grow Insurance is when you receive a payout for a policy. with this you just basically put the account on Pause for up to 2 years whilst you get your life back on track. Hope that helps!