We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
PPI - Time limit for reclaiming?
Comments
-
but some time back I read on here thet pre 2005 you were less likely to get anywhere, but if it stated on your agreement reference to 1974 consumer credit act it shows the company was still bound by certain rules and worth persueing?
You are mixing up rules. Insurance became regulated in January 2005. However, some firms had an earlier body that they were a member of and those firms have to consider pre 2005 complaints (typically banks, credit card providers etc). Those that were not members of an earlier body dont have to consider pre 2005 complaints.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
My complaint is to E.P.F a loan financier that was part of HSBC/HFC back then. they advised me strongly to have PPI as a means to obtaining my loan, without which it was unlikely I would get it? They used an insurer "Pinacle" to insure the PPI but I only dealt with the financier.0
-
I have read on here that people that have chased the same company as I with a similar time element have to some degree been successful but I don't know how to proceed or if I am chasing my tail now.
Regards again.0 -
I have read on here that people that have chased the same company as I with a similar time element have to some degree been successful but I don't know how to proceed or if I am chasing my tail now.
Regards again.0 -
hoochtrio2 wrote: »I have read on here that people that have chased the same company as I with a similar time element have to some degree been successful but I don't know how to proceed or if I am chasing my tail now.
Regards again.
Dates are key. Post Jan 2005, they have to consider the complaint. Pre Jan 2005, if they were not members of an earlier body, then they do not have to consider the complaint. If they were, then they have to consider the complaint.
FOS say it is pre-regulation in your case and they cant review it.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards