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Total B***s**t

While ago i posted a thread about reclaiming PPI on a credit card everyone here said it was a scam.

But now im seeing adverts on national tv and news saying how banks actually paying back huge amounts to people who made claims!

So who was wrong.

My case was a bit different in that Total Refund (Century 21) said they could write off my credit card debt, due to something about the consumer credit act.

That company went bust, liquidated but their parent company century 21 still offer the same services. I was given a refund but the thing is it still cost me money and time to deal with this. So was my case different?
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Comments

  • marleyboy
    marleyboy Posts: 16,698 Forumite
    10,000 Posts Combo Breaker
    Banks have little choice in the matter, they are duty bound to repay PPI claims. Where the word SCAM appears (albeit I have not seen your original post) would be the idea you would need some No Win No Fee company to claim it for you, who in turn gets a fee by winning it for you.

    You already have won it if its a PPI repayment, so you need no separate company to win it for you, particularly when you can do it all by yourself. ;)
    :A:dance:1+1+1=1:dance::A
    "Marleyboy you are a legend!"
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  • dunstonh
    dunstonh Posts: 121,282 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    anks have little choice in the matter, they are duty bound to repay PPI claims.

    No they are not. If you complain and they agree you have a valid complaint then they refund. If you do not have a valid complaint then they reject.
    Where the word SCAM appears (albeit I have not seen your original post) would be the idea you would need some No Win No Fee company to claim it for you, who in turn gets a fee by winning it for you.

    I agree that was the most likely thing said.
    My case was a bit different in that Total Refund (Century 21) said they could write off my credit card debt, due to something about the consumer credit act.

    That is the scam.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • rafhelp
    rafhelp Posts: 372 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    so if i was not actually offered PPI, I assume to have PPI you have to pay a monthly premium? which i have not paid. so i cant get it
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  • rafhelp wrote: »
    so if i was not actually offered PPI, I assume to have PPI you have to pay a monthly premium? which i have not paid. so i cant get it

    If you haven't paid any PPI you have nothing to claim back.
  • rafhelp
    rafhelp Posts: 372 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    What if you spent thousands on higher education and got one of the best degrees in the UK, told it would help you get a good high paid job, to then graduate and spend last year or two looking for work.

    When you apply for work the degree works against you as they say you are highly qualified or they think they job would not satisfy you.

    Can you claim that money back?
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  • FeelStupid
    FeelStupid Posts: 100 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    rafhelp wrote: »
    What if you spent thousands on higher education and got one of the best degrees in the UK, told it would help you get a good high paid job, to then graduate and spend last year or two looking for work.

    When you apply for work the degree works against you as they say you are highly qualified or they think they job would not satisfy you.

    Can you claim that money back?

    Of course not, you got what you paid for, a degree.
  • rafhelp
    rafhelp Posts: 372 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    lol, I didnt pay for a degree! I paid to educate myself with the knowledge that it would provide me with a better highly paid job/career.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • marleyboy
    marleyboy Posts: 16,698 Forumite
    10,000 Posts Combo Breaker
    rafhelp wrote: »
    lol, I didnt pay for a degree! I paid to educate myself with the knowledge that it would provide me with a better highly paid job/career.
    Not sure this has ANYTHING even remotely to do with PPI or Ops question.
    :A:dance:1+1+1=1:dance::A
    "Marleyboy you are a legend!"
    MarleyBoy "You are the Greatest"
    Marleyboy You Are A Legend!
    Marleyboy speaks sense
    marleyboy (total legend)
    Marleyboy - You are, indeed, a legend.
  • boobies
    boobies Posts: 283 Forumite
    Perhaps the OP is unattractive to employers due to his wholly inappropriate use of bad language?
  • wr1ght
    wr1ght Posts: 407 Forumite
    Part of the Furniture Combo Breaker
    best thread in ages Ha Ha
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