Credit card or
Claiming back PPI for a loan or credit card that has been paid off
Reclaiming Payment Protection Insurance isn’t just limited to current credit cards, store cards or finance – there is a chance that you may be able to claim your money back from this mis-sold insurance on loans and credit cards that have been paid off in the last ten years. We can look into your claim and try to get compensation on your behalf - never forget we are always here to help.
Credit cards were one of the main types of finance that this insurance was mis-sold alongside, If you believe that you have a case for reclaiming credit card payment protection insurance money then please call us today. If you are still unsure please read the following questions below. If you answer ‘no’ to any of the questions then you could have a case and at iSmart we are here for you.
- Did the salesperson make it clear the insurance was optional?
- Was it made clear to you how the credit card protection insurance policy would be paid?
- Did the salesperson tell you about the 'significant exclusions' of the policy? e.g. the exclusion states you won't be covered if you have a pre-existing medical condition, or the exclusion that means you might not be covered if you are over sixty-five or if you are self-employed or retired?
- Did the salesperson tell you when the policy would expire or say that it could expire while you still have the credit card and that you could potentially be paying interest on insurance that is no longer in force?
If the answer was 'no' to any of those questions then do not hesitate and reclaim what is rightfully yours today. You can call us on 08000 439243 or apply online. On average our customers have received a refund of £3,750* so be smart and let us at iSmart help you today.
*£3750 is the average amount of loan PPI compensation awarded (correct at 31st Dec 2012)