Stupid question about S75 protection

pinkteapot

Does the protection continue after you've paid the credit card bill which included the item in question? Or is it only valid while the credit it outstanding?

bod1467

No question is stupid - it's just an opportunity to learn.

In short - S75 protection extends beyond the term of paying off the credit.

S75 protection lasts for as long as any other statute/law or term of contract applies to a transaction. So, for example, if you got a (written) 10 years guarantee on, say, double-glazed windows which you paid via credit card (or even just £100 of it) and the supplier went bust, S75 protection could be invoked to cover the warranty which formed part of the contract. S75 makes the credit provider jointly liable for the performance of a contract.

pinkteapot

Thanks.

I've received a faulty item. Wrangling with the shop. Hoping they'll get it sorted, but just wanted to double check before paying my credit card bill!

frugal_mike

pinkteapot wrote: »

Thanks.

I've received a faulty item. Wrangling with the shop. Hoping they'll get it sorted, but just wanted to double check before paying my credit card bill!

Definitely pay the bill! Also just in case you weren't aware, Section 75 will only apply if the item cost more than £100 (excluding extra charges like delivery).

derrick

bod1467 wrote: »

No question is stupid - it's just an opportunity to learn.

In short - S75 protection extends beyond the term of paying off the credit.

S75 protection lasts for as long as any other statute/law or term of contract applies to a transaction. So, for example, if you got a (written) 10 years guarantee on, say, double-glazed windows which you paid via credit card (or even just £100 of it) and the supplier went bust, S75 protection could be invoked to cover the warranty which formed part of the contract. S75 makes the credit provider jointly liable for the performance of a contract.

Or even just 1p of it


.

bod1467

That's true - the rules only say that the item cost must be at least £100, and that some of the payment was made via credit.

But I always play safe and make sure at least £100 is debited to the credit account - this removes any weasel/wriggle room for the credit provider.