Can You Claim Back Credit Card Charges?

Did You Know You May Be Able to Claim Back Credit Card Charges? The Office of Fair Trading (OFT), discovered that credit card charges levied by some credit card companies for late payments etc. were way too high. As a result of the OFT ruling you can now make a claim to have your charges refunded. If you have been charged any late payment fees, or an over limit fees, now is the time to claim your money back.
How Much Can You Claim? The amount you can claim will vary from credit card provider,how many fees you have had over how many years. You Can Make More Than One Claim. Many people make several claims as they have had several Credit Cards in the past which have been subject late payment or over limit credit card charges. You Can now Make a Do-It-Yourself Claim! It is easy to claim back credit card charges yourself but you will need to be patient. Some lenders are not that willing to settle claims without putting up at least a little resistance. That way they try wear you down into accepting a lower offer.

Office of Fair Trading (OFT), found that credit card charges applied by credit card companies for late payments etc. were far too high. So now as a result of the OFT ruling you are able to make a claim to have your charges refunded. If you have been charged any late payment fees or over limit fees now is the time to claim your money back.

How Much Can You Claim?

The amount you can claim will vary depending on your credit card provider and how many charges you have had over how many years. You can make more than one claim. Many people make several claims as they have had several credit cards in the past 10 years which have incurred late payment or over limit credit card charges.

You Can Now Make a Do-It-Yourself Claim!

It is quite possible to claim back credit card charges yourself. You will need to be persistent and patient as lenders are not that willing to settle claims without putting up at least a little resistance. That way they hope they will wear you down into accepting a lower offer.

How Much Will It Cost If You Use a Claims Company?

Most offer a 'No Win No Fee' service and won't charge you a penny unless they win you a refund of PPI. The most you should pay if you win your case in 25% plus vat. You will have to pay this from your refund. You will need to complete the claim pack they send you and return it to your claims company. They will then pursue your claim on your behalf.

When Will I Receive My Money?

It is dependant upon your individual case and how your creditors deal with your claim. In some cases you will receive a cheque within a few weeks; unfortumately some claims take longer, up to several months.

I no longer have the Credit Card Can I Still Claim?

Yes!....even if you no longer have or use the credit card you can still make a claim.

BEWARE! Any arrears on your account will be deducted from your refund. You will still have to pay the claims company 25% plus VAT of your refund. Take a look at the many claims companies which operate on the internet and do your homework well. Make sure you shop around as fees vary.