Credit Card Debts - PPI

sweetcheeks82_2

Hi,
I have credit card debts from 2011 (ish).
I am on repayment plans for all the cards and most have been sold to debt collecting agencies.
The account numbers have changed and i dont have the original ones or paperwork. Can i just contact who i had the credit cards with and ask if i had PPI on my cards?
Thanks.

Nasqueron

sweetcheeks82 wrote: »

Hi,
I have credit card debts from 2011 (ish).
I am on repayment plans for all the cards and most have been sold to debt collecting agencies.
The account numbers have changed and i dont have the original ones or paperwork. Can i just contact who i had the credit cards with and ask if i had PPI on my cards?
Thanks.

You'd ask whoever sold you the product (so bank in this case).

Do note if there was PPI and it was miss-sold the bank can offset it against money you owe / didn't pay back / was written off meaning you may see nothing - do not use a claims company under any circumstances as they will bill you for a cut of the refund even if all of it is used on old debts meaning you see no cash and still have to pay the CMS. The exception to this is if the bank have sold on the debt with no means to reclaim it - they often use debt collectors either in house or an external company for a fee, only if they have completely separated themselves from the debt without being able to recall it can they not offset.

sweetcheeks82_2

Thank you.
most of the credit card companies sold the debts to collection agencies. I will start phoning right now.