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Claims Companies

Hi There- I have just been contacted by a claims company who have indicated that with the recent bank payment protection issues you can claim back outstanding balances and receive compensation due to raising credit limits without permission- they also want personal credit card details-not happy so refused but is this bona fide?

Comments

  • SnowTiger
    SnowTiger Posts: 4,465 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    nifty1 wrote: »
    Hi There- I have just been contacted by a claims company who have indicated that with the recent bank payment protection issues you can claim back outstanding balances and receive compensation due to raising credit limits without permission- they also want personal credit card details-not happy so refused but is this bona fide?

    Probably not.

    If I were you I'd probably sit tight for a while and wait to see what happens. The banks have thrown in the towel and given up the PPI fight, so, presumably, some sort of easy claim process will be introduced by them.
  • thenudeone
    thenudeone Posts: 4,462 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Do a search for +"Cartel Client Review" +"Ministry of Justice" to see what happened to thousands of people who thought that they might not to have to pay their debts.
    We need the earth for food, water, and shelter.
    The earth needs us for nothing.
    The earth does not belong to us.
    We belong to the Earth
  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Dont touch them with the proverbial barge pole.

    You did right not to give them your card details.

    They will probably hound you now and try to wear you down.

    Just tell them that you have already started the process yourself and are well on the way with it.
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
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