Reclaim PPI Against Next
If you ever said yes to an account with Next. Then you may have said YES to PPI without even knowing.
Incredibly, Next automatically applied PPI on all accounts from late 1988 and only stopped this ridiculous money making practice in August 1993. Equally unbelievable is that the cover, specifically excluded the self-employed. New Payment Protection Insurance continued to be sold on all new Next Account up until mid 2007. Finally in December 2011 Next took the decision to no longer provide cover for all existing account holders.
Often when we think of consumer debt, we tend to shove store accounts and store cards to the back of our minds. Next were let’s say, a bit of a guilty pleasure. The stores were immaculate and full of new design ideas and of course clothes.
The delivery of he new Next Directory was always eagerly anticipated. It was great, you could make you, your home and your kids, the envy of your friends and neighbours and you didn’t even need the leave the house. It could all be done over the phone or on-line.
From our experience, the vast majority of Next Store Account and Store Card customers, were used to having a running debt. Typically, many account holders simply dedicated a £100 a month or so towards their ongoing balance. You didn’t ever look at the balance or small print on your monthly statement, just the contents of your eagerly awaited delivery.