Finances can be confusing, especially when it comes to where you stand over getting your money back in case something goes wrong. Martin Lewis, the Money Saving Expert, has regularly advised customers to pay for big purchases on a credit card to ensure they’re covered in case something goes wrong.
Recently, a fan of the finance guru revealed how he had managed to claim back £4,780 after being left out of pocket following the collapse of a funeral provider. The fan, known only as Chris, revealed that he only knew he could make a claim after reading the advice in Martin’s newsletter.
Many credit card holders may be unaware of the protection offered to them by Section 75, or what kind of purchases it covers. Here, we’ve provided a rundown of what it is, how it works and how you can use it to get your money back.