MSE News: Mis-sold CPP card protection insurance? You can now get your money back 14 January 2014 at 2:25PM in Reclaim PPI & Other Insurance 9 replies 3.7K views

Former_MSE_Helen

"If you were mis-sold CPP card insurance, you're in line for a payout after the High Court approved a redress deal ..."

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Mis-sold CPP card protection insurance? You can now get your money back




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patanne

Please be careful people. There already seem to be fee charging companies getting on the bandwagon!

karenhumphries

I voted yes to the redress. I had my CPP policy since 1997 but cancelled it in 2007 I believe. From reading the link it sounds like only payments made after 2005 will be reimbursed or will I get my previous payments back? Last year I did contact CPP about miss selling & they referred me to G E Capital Bank as I initially took the policy out in Dorothy Perkins but I didn't bother claiming in the end.

zoonyx

Just rung the scheme of arrangement place to update my address details and boom - letters should be sent out in February.

Bloke suggested that I will be entitled to over £150 (assume this is easier to work out than the PPI percentages etc).

It's roughly £30 a year as a guide.

busabus

"18% of customers voted"

Either only a small fraction of the customers have been successfully contacted, or they're one lazy bunch!

mrsbris

From my letter it said I didn't need to do anything at the time. Hmmm... might have been a way to eliminate voters....

Seddo150

Hi All

Both my partner and I had Identity Protection with CPP but when we cancelled our policies (mainly due to cost) I disposed of any policy documents, my partner still has her last document. does anyone know whether I would still be able to claim. I am thinking they should be able to find us both on previous and current address check but I am unsure as to what evidence I will have to provide. We got caught up in all this when we took out a MBNA credit card and activated it and was sold over the phone.
Any adivce greatly received. Thanks

Baroness10

Hi all
I bought my policy in 2003 via a storecard taken out with Creation Financial services, part of Laser Uk. I have been advised by CPP that this company is not part of the redress scheme. Has anyone had any luck with taking up a claim against them? I also am of the opinion that's s all the renewals were done over the phone by CPP directly, that they are also liable for miselling in all subsequent years (up to 2012). all advice welcomed, thanks.

socks_uk

busabus wrote: »

"18% of customers voted"

Either only a small fraction of the customers have been successfully contacted, or they're one lazy bunch!

Maybe they are just not educated by the MSE school of money saving!

Mat_Lock

I got the original letter (to my old address) only a few weeks ago as my old flatmate gave me all my old mail. I was too late to vote but glad it has been approved.

I have no idea when or what card was used to pay for this protection and I have no paperwork. I presume the claim is processed automatically as I have no paperwork to give them.

They have my last address and I only lived there since 2010 so I presume it was for a credit card I had taken out in the last 4 years.

I've now changed my address by phone to them but didn't ask any other details.