M S Store Card Ppi

Your m s store card ppi contained unemployment insurance but you were unemployed or retired at the time.

M s store card ppi. Prior to that time mortgage payment protection mpp was sold and ppi was available with the following products. Ive used all your excellent advice to start a claim with m s for mis sold ppi. The deadline for making a ppi claim has passed but that isn t the end of the story. Firstly sorry this is a bit long but i could do with some advice.

Customers who signed up to a credit card with m s bank also had ppi available to them but if the ppi was mis sold then compensation may be due. Most ppis don t cover existing conditions so if you weren t informed of this you may be able to make a claim. You discovered you were paying for ppi but didn t know it. M s bank previously trading as m s money stopped selling ppi personal loan protection plp during 2008.

If you took out a loan or credit card with m s between the early 1980s until as recently as 2013 there s every chance you ll have been paying for ppi. I took out a store card with them back in 1998 which was changed to a credit card in 2003 when they stopped offering store c. Ppi premiums on store cards are worked out as a percentage of the amount outstanding on the store card each month. Typical charges by lenders can be up to 1 50 for ppi on every 100 of debt on the store card.

M s bank credit card accounts ppi if you were one of the approximately 10 million people who took out a credit card with ppi between 1988 and 2011 you need to check if you were mis sold the ppi. Hi all newbie here.