Ppi 24 June 2017 at 12:47PM edited 30 November -1 at 1:00AM in Reclaim Bank & Credit Card Charges 10 replies 2.2K views

James_mcfeg

I owe £10,000 on old credit cards. Why had ppi. Will I still have a claim ?

pogofish

Why not ask in the dedicated/specialist PPI forum here? - That's where you are likely to get the best spread of advice and experience.

Stoozing is a totally different thing.

James_mcfeg

I owe 10,000 on old cards. I'am self employed and there is ppi. Do I still have a claim even though I owe money ?

zx81

Do you mean claim or complaint?

James_mcfeg

Can I claim back money on unpaid credit cards that did have ppi

zx81

A complaint then.

You need to submit your complaint reasons for mis sale. However if by unpaid, you mean defaulted, they will pay any redress against the unpaid amounts if you are successful

societys_child

Can I claim back money on unpaid credit cards that did have ppi

If the credit cards were unpaid, you can't have paid the PPI?

James_mcfeg

My old unpaid credit cards going back 7 years have a total of £10,000. Could I still have some claim as there was ppi. Nothing shows on my credit score and if I could make a claim what might I get back ?

dunstonh

My old unpaid credit cards going back 7 years have a total of £10,000. Could I still have some claim as there was ppi.

You can make a complaint, yes.

and if I could make a claim what might I get back ?

If your complaint is sucessful, then you get back the premiums you paid plus interest. If the debts are in arrears or defaulted or include amounts written off as part of an agreed settlement, then it goes against the debt. You dont personally get the money (unless there is an excess over the amounts outstanding).

James_mcfeg

What is meant by by being paid back any redress against an unpaid amount of £10,000 ?

dunstonh

You dont get a refund of something you havent paid. So, if that £10,000 debt is out of contract (ie. in arrears, defaulted or previously written off) then you dont get the redress personally.