📨 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!

PPI Rejected

Options
Hi,

I had a credit Card with Vanquis they say that they do not offer PPI so therefore I cannot make a claim.

They call it a repayment Option plan and they say it shows on my statement but I had the card in early 2005.

What's the best course of action??

Comments

  • antrobus
    antrobus Posts: 17,386 Forumite
    ABK wrote: »
    Hi,

    I had a credit Card with Vanquis they say that they do not offer PPI so therefore I cannot make a claim.

    They call it a repayment Option plan and they say it shows on my statement but I had the card in early 2005.

    What's the best course of action??

    Vanquis is correct to say this is not PPI .... ROP is not insurance, which means it is not regulated by the Financial Services Authority so you cannot complain to the ombudsman about the product.

    http://www.theguardian.com/money/2011/jan/16/vanquis-repayment-option-plan
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
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K 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.