HOW FAR BACK YOU CAN CLAIM PPI?
BANKS & OTHER FINANCIAL PROVIDERS BEGAN SELLING PPI IN THE 1980's
UP TO 64 million PPI policies have been sold in the UK mostly between 1990 and 2010.
Millions have already reclaimed Mis-sold PPI on Loans, Credit Cards, Mortgages,Car Finance, Store Cards, Overdrafts & even Catalogue Accounts as far back as 30 Years. Since 2011 more than £32bn has been repaid in compensation to people who complained about the sale of PPI and a further £12bn still remains unclaimed from banks & other finance providers.
There's no time limit on how far back you can make a claim. It also doesn't matter if you are no longer a customer of the particular bank or other finance provider or if you have already paid and settled your loan, credit card, mortgage, car finance or store card.
You can still make a PPI compliant even if your bank or other finance provider has been taken over as the new owner will be liable for any debts carried over from the old provider.
The first thing you'll need to do is check whether there was a PPI policy attached and then make a claim. If you believe you have been mis-sold PPI or unsure if you had this on any of your loans, credit cards, mortgage, store cards, car finance or catalogue account you only have until 29th August 2019 to submit your complaint to the lender, or you will be unable to recover any money that maybe rightfully yours.