PPI not sure

girlsmum

I have had lots of CC and a few loans over the years, i am confused though, should the PPI be listed separately on statements? I always have checked these in the past so assume i have never had it, I take it there is no way of hiding the PPI in statements etc?

Its just that so many people seem to be claiming back unaware that they have ever had it.

[Deleted User]

girlsmum wrote: »

I take it there is no way of hiding the PPI in statements etc?

Not on credit cards; it's always shown clearly on a separate line.
On loans, it's possible for the PPI to be included in the loan repayments, but it will always show on the original loan agreement, though.

girlsmum wrote: »

Its just that so many people seem to be claiming back unaware that they have ever had it.

In these cases, it's generally that the complainants have either forgotten about the PPI or never read what they signed or checked statements. No one is refunded simply by complaining that they didn't know they had it.

It's a myth sponsored by Claims Companies that PPI was routinely added to loans, credit cards and mortgages without the knowledge and permission of the customer.

If PPI doesn't show on your credit card statements each month, then you aren't paying it.

roonaldo

If PPI was on a credit card it would appear on the statements.

dunstonh

Its just that so many people seem to be claiming back unaware that they have ever had it.

Very few complaints get upheld on that basis. Its an unprovable allegation. Many use it as a complaint reason but it doesnt mean that reason will be the reason that they are successful.