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Payment Protection Reversal??
Rudehamster
Posts: 22 Forumite
in Credit cards
Hi,
Before I get a grumbling refusal on the phone, by some disembodied call centre bunny, I thought I'd ask here first:
Is it ever possible to reverse a Payment Protection Plan from a Credit Card Company?
I am currently coughing up £22 a month in payment protection fees to Barclaycard (dontcha just love 'em?) and would prefer if this could be stopped.
Rudehamster ............~O'>
Before I get a grumbling refusal on the phone, by some disembodied call centre bunny, I thought I'd ask here first:
Is it ever possible to reverse a Payment Protection Plan from a Credit Card Company?
I am currently coughing up £22 a month in payment protection fees to Barclaycard (dontcha just love 'em?) and would prefer if this could be stopped.
Rudehamster ............~O'>
0
Comments
-
Just call up an cancel your policy.
You have two products - a credit card and an insurance policy. You can keep the card and lose the protection policy.
R.Smile
, it makes people wonder what you have been up to.0 -
Thank you.
:j
Rudehamster............ ~O'>0 -
Yep - payment protection on credit cards and overdrafts is a monthly renewable contract which you can cancel when you like, unlike payment protection on personal loans which is normally a one-off premium covering the initially agreed term and which is hence far harder to cancel.0
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