PPI question...Virgin...

DougInman

Hi Guys,

I've had a Virgin Credit Card for about 11 years, possibly a little less and since I've had it I've always had PPI on it. It's occured to me a few times I should look into this more so here I am, throwing myself at the mercy of you guys lol

So, with it being so long since I've had the card, am I too late to claim it back? what do I need to know if I can claim it back etc?

I think I tried to cancel it once before and told that I wasn't allowed to :S


any help would be greatly appreciated


Doug

suitable69

Do you think it was miss sold when you first took the credit card?

sazzer

Hi

I had my Virgin MBNA card for about 10 years I think and had indeed racked up a lot of PPI - I successfully claimed with them in December using the following reasons:

• I did not ask for this insurance, it was automatically applied to my account by a pre-ticked box meaning that MBNA did not assess the suitability of the policy for me and I was provided with no information to enable to make an informed decision as to whether the policy suited my needs or whether other third party policies would be more suitable

• I was not asked whether I already had any existing insurance or employer benefits that would cover my repayments

I used a template letter and to be honest, all I had was the credit card number, I dont know if there was a pre-ticked box or not. I just took a gamble and it literally paid off (over £8.5k) From start to finish (intial letter to payout) took less than 6 weeks so go for it. It will cost you a stamp and just always believe its going to be rejected so when its successful you will be nicely surprised. Its only the cost of a stamp - money well spent in my eyes.

Good Luck!