Belmont Thornton Logo
Claim Back Loan Insurance

Reclaim Unfair Credit Card Charges

Recovering from severe credit card debt can be an extremely difficult process, especially when debts are being caused by seemingly trivial hidden fees and practically unauthorized charges. Payment protection insurance (PPI) is a type of policy that is supposed to provide coverage for the cardholder in the event that they are unable to make repayments due to unemployment or injury. While PPI may seem appealing in that it provides security, the reality is that less than 15% of policyholders have their claims honoured when they are in need of repayment assistance. This is because they were mis sold PPI policies due to the fact that the lender did not notify them of their ineligibility, or did not adequately inform them of the policy's terms, conditions, price, or even its existence.

What Is Mis Sold Payment Protection?

Mis sold payment protection is defined as any policy that was sold to an ineligible or inadequately informed party, either against their will or through deceptive tactics. For example, if a lender sells a PPI policy as part of the loan and includes it within the loan contract as an arbitrary fee (causing the borrower to pay a one-time premium) this would be considered PPI mis-selling. This is where the process of qualifying individuals for PPI coverage and properly selling policies becomes convoluted, because PPI policies are often referred to by different terms, including but not limited to loan protection, policy insurance, repayment coverage etc.

Can I Reclaim Unfair Credit Card Charges Caused by a Mis-Sold PPI Policy?

Regardless of whether the PPI policy was included with your credit card account, or has caused a charge to be debited against your credit card account due to a PPI policy associated with a loan or mortgage, if it can be proven that the policy was mis-sold, it is possible to reclaim unfair credit card charges that are caused by PPI in almost all cases. To reclaim unfair credit card charges you'll simply need to participate in a free consultation with a PPI claims specialist from a PPI claim company, which can help facilitate the process of filing your claim and seeking retribution from the unscrupulous lender that mis sold you the policy.

What Party Will I Reclaim Unfair Credit Card Charges from?

When you deal with a PPI claim company, you're dealing with professional attorneys that have experience and expertise in helping victimized borrowers reclaim unfair credit card charges card caused by PPI policies. The PPI specialist will contact the lender that allegedly mis-sold policy directly to inform them that they'll need to renegotiate the terms and conditions of the loan to omit the PPI policy premium, as well as returning all of the funds allocated towards the PPI policy within the overall loan amount. Lenders are motivated to Mis sell PPI policies for two main reasons - to earn commissions from payment protection insurance companies, and to increase the overall loan amount, thereby earning more interest.

A PPI claim company will help you reclaim all of that additional interest, as well as the monthly payments or one-time premium that comprises the entire cost of the PPI policy. Ultimately, if your case is successful you will reclaim unfair credit card charges directly from the lender that mis sold the policy, not the payment protection insurance company. Furthermore, if your case is not successful you will not have to give any funds to Belmont Thornton.


Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
Claim Back Mis-Sold PPI Button

Why Choose Us?

  • TickAbsolutely No Upfront Costs. No Win No Fee*
  • TickSpecialist Claims Team Always On Hand To Answer Your Questions
  • TickQuick, Easy And Simple Process
  • TickU.K. Based Call Center
  • TickGuaranteed To Start Your Claim In 24 Hours

Loan claim: Building societies warn of house price bubble

The Building Societies Association (BSA) is the latest to warn about the potential house price bubble that could arise f...

Bank claim: Lloyds raised concerns on Co-op finances

Lloyds Banking Group was aware that the financial position of the Co-Operative bank was unstable, said Lloyds chief exec...

Loan claim: first time buyers locked out for a decade

First time buyers will have to save up their deposit on a house for more than ten years, according to research from the ...

Bank charges: Commission tackles issue of RBS

The weak position of the Royal Bank of Scotland (RBS) is damaging to the UK economy, according to the Parliamentary Comm...

Bank charges: Report says customers and taxpayers were failed

Customers and taxpayers have been failed by the financial sector, according to the final report from the Parliamentary C...

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit 16, Elysium Gate, 126 New Kings Road, London, SW6 4LZ and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide