The subject of payment protection insurance has been a controversial one for some time, as many were paying PPI insurance on their credit card, loans and mortgage without ever knowing about it.
Capital One was in fact fined £175,000 by their regulator for failing to have adequate systems and controls for selling Payment Protection Insurance (PPI) and for failing to treat its customers fairly.
With Capital One being one of the big credit card providers, many people may have held an account many years ago and simply don’t remember the details. Don’t feel like there is nothing can be done to check as to whether they are owed PPI or not. Our free* account check allows previous and existing customer to find out if they have or in fact still do pay for insurance against their credit card.
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