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iklt

Barclaycard ppi refund not offset

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barclaycard account taken over by MKKR recovery still owe £700 so claimed ppi on account and settled with them for £607.31

BARCLAYCARD send me letter stateing they will offset refund against any arears on account so thought the whole lot would be swallowed up by MKKR BUT THEY HAVE PAID FULL REFUND AMOUNT INTO MY ACCOUNT RESULT cant understand why but not complaining has this happend to anyone else

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Hi

 

If the account was sold to MKRR then BC don't have authority to offset because they no longer own the debt.

 

ims


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Hi Iklt and welcome to CAG

 

BC normally try to offset refunds although they have no authority to do this once an account is sold to a third party.

 

A good result for you then. :whoo:

 

:wink:


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