ppi miss selling claim

peters123_2

hi.i am interested in claiming for a mis-sold ppi policy on a capital one credit card.Unfortunately i still owe 10k on the card and i cannot get another card anywhere (i have tried).
if i try to get my mis sold payments back can cap1 close my credit card account and force me to give them 10k back immediately? thanks in advance for your replies :money:

natweststaffmember

I think you need to pop over to the PPI forum and they will be able to help you.

Have you reclaimed any charges even the £12 ones?

di3004

peters123 wrote: »

hi.i am interested in claiming for a mis-sold ppi policy on a capital one credit card.Unfortunately i still owe 10k on the card and i cannot get another card anywhere (i have tried).
if i try to get my mis sold payments back can cap1 close my credit card account and force me to give them 10k back immediately? thanks in advance for your replies :money:

Hi there

It does not matter if your account is still active or settled, with your reasons you have for being mis sold, you can still try to reclaim on the PPI and interest, then if successful with no arrears (missed monthly repayments) they should refund directly to you.

They have 8 weeks in full to respond, here below is the guidelines of reclaiming PPI, and a checklist of mis selling reasons also template letters, use the templates if you want to or as a guide and the reasons that apply to you, and post letters by recorded delivery.
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

No they should not close your account because of you reclaiming.

However, for more help on this if required, I normally post over at the PPI reclaiming thread where you will find here:
http://forums.moneysavingexpert.com/forumdisplay.html?f=169

Hope this helps, but anything that involves charges over £12 your in the right place here, keep this separate to the actual PPI though.

Good luck, please ask for help anytime and please keep us posted.

Di