Hi Guys
Ive spoken to a lender I used in the past (2004) and I paid PPI on the account. The underwriter for the company has since dissolved and when I spoke to FSCS they said that it is too old pursue, is this correct? is there a time limit on PPI? because ive read of people claiming money on 10 year old cards and loans etc?

Cheers Guys

Originally Posted by magicalbeef

Hi Guys
Ive spoken to a lender I used in the past (2004) and I paid PPI on the account. The underwriter for the company has since dissolved and when I spoke to FSCS they said that it is too old pursue, is this correct? is there a time limit on PPI? because ive read of people claiming money on 10 year old cards and loans etc?

Cheers Guys

companies are only required to hold paperwork, for 6 years. but that's after the end of the agreement.
so, even if you have no paperwork, yourself. providing the agreement finished as i stated. you don't need any.

but, in truth, there is no time limit.
as long as you have all the paperwork, from the time.

So if the agreement ended in 2007, I would still be able to get the papers? cheers mate

I just mailed my bank and basically used a template letter stating the same. Just simply told them they needed to review all my past loans (I have no agreement numbers etc)

Have to wait 8 weeks. I'm not expecting anything to be fair, but just doing it to see and also so i don't maybe regret not doing so later.

please could direct me to that template you used exos , i'm the same as you , not expecting anything but it wont hurt to ask , thanks m8

Originally Posted by Exos

I just mailed my bank and basically used a template letter stating the same. Just simply told them they needed to review all my past loans (I have no agreement numbers etc)

Have to wait 8 weeks. I'm not expecting anything to be fair, but just doing it to see and also so i don't maybe regret not doing so later.

I just googled PPI template.

But this i what I sent.

Code:

Only registered members can view code.

Q&A regarding PPI on MSE link below plus template letter.

Reclaim PPI for Free: £1,000s for mis-sold insurance...