We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PPI on default account

wizzywig27
wizzywig27 Posts: 1,536 Forumite
Part of the Furniture 1,000 Posts Photogenic Name Dropper
in Reclaim bank & credit card charges
This may sound a bit cheeky, but can tou reclaim PPI on an account that I defaulted on and is now being paid back to a DCA?

Comments

  • dunstonh
    dunstonh Posts: 118,501 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    If you have reasons for complaint then you can complain. If they agree with your reasons then the redress will go against any debt written off first, then the default/arrears and only then if there is anything left over will you get any.
    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.
  • wizzywig27
    wizzywig27 Posts: 1,536 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Hiya

    I am more than happy for the PPI to go against the debt! Would it be the DCA I contact or Capital One?
  • dunstonh
    dunstonh Posts: 118,501 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    You complain to the seller. Be positive on your facts and have supporting documentation handy. Capital One only have a 11% uphold rate at the FOS. So, they do handle their complaints well on the whole.
    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.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 347.9K Banking & Borrowing
  • 252K Reduce Debt & Boost Income
  • 452.2K Spending & Discounts
  • 240.4K Work, Benefits & Business
  • 616.5K Mortgages, Homes & Bills
  • 175.4K Life & Family
  • 253.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture