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.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Am i still paying ppi on a defaulted credit card?

Long story short, I took out a lloyds tsb credit card in 2002 and today i received my original credit agreement showing ppi on the account. Being a young lad and a huge credit spending card I soon racked up a credit card bill of £5000 which defaulted and i received a ccj on. Fast forward to today a whooping 11 years later am i still being charged ppi? My statements that have just arrived from the solicitors dealing with my credit card debt only go back to 2004 so I have no way of knowing what i am being charged etc. I have rang them and been told i have £1300 on the account but would the ppi of stopped when the solicitors took over the account?

Thanks
steve

Comments

  • AMILLIONDOLLARS
    AMILLIONDOLLARS Posts: 2,299 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    When you defaulted the company should have cancelled the PPI element. You need to claim the PPI back, especially as they are still charging you for it. If the charge is on your statement send the proof in with you claim, the money will go towards your outstanding amount it might even clear it!!

    Good luck

    AMD
    Debt Free!!!
  • sdoherty1000
    sdoherty1000 Posts: 135 Forumite
    I rang tsb today and they started the claim for me over the phone. No one can tell me if the ppi has been cancelled though!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only 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.