PPI Reclaiming Discussion Part 5

peezy

I haven't had a load, but lots of credit card and overdraft charges over the years.
Can I get PPI refunds, how do I do it. I don't want to pay the phone companies 33%
Thanks

[Deleted User]

Credit card and overdraft charges aren't PPI.

And why would you involve a phone company?

King_Drax_I

I keep seeing all this stuff about mis-selling of PPI, and I thought I'd ask the question.

In the mid-80's, 1984 to about 1988, I had a Barclaycard which had PPI on it. It was simply added on to the card without me having asked for it; I just assumed (being only young) that it was part of having a credit card.

But I have no details of the card number, the account, amounts or anything. And is it too long ago? Where do I even start with this?

All I have is that it was a Barclaycard Visa, and my addresses at the time (I moved house once during the time of the account)

Any ideas, please?

dunstonh

In the mid-80's, 1984 to about 1988, I had a Barclaycard which had PPI on it. It was simply added on to the card without me having asked for it; I just assumed (being only young) that it was part of having a credit card.

You must have been amongst one of the first people in the UK to have PPI. It was an early 80s thing but didnt get the sales pressures until the early 90s.

But I have no details of the card number, the account, amounts or anything. And is it too long ago? Where do I even start with this?

All I have is that it was a Barclaycard Visa, and my addresses at the time (I moved house once during the time of the account)

You make your complaint to Barclays giving your reasons. Include past addresses and your date of birth to help them search for you.

I suspect the likely outcome is that they will say they can find no record of you. Barclaycard kept a rolling 6 years of statements prior to the PPI issue. You are looking at 20 years earlier than that.

gld73

The only company I know I had PPI with was Northern Rock in the mid-90s .... but I threw out all paperwork relating to it long ago. Tried using a claims company, but they got the reply from NR that they have no record of it now, so no claim possible. Nice as it would be to get some cash back, if I can't prove I had it and apparently they have no proof I had it, I don't want to keep flogging a dead horse...

dunstonh

gld73 wrote: »

The only company I know I had PPI with was Northern Rock in the mid-90s .... but I threw out all paperwork relating to it long ago. Tried using a claims company, but they got the reply from NR that they have no record of it now, so no claim possible. Nice as it would be to get some cash back, if I can't prove I had it and apparently they have no proof I had it, I don't want to keep flogging a dead horse...

If you have no evidence and they have no evidence then its game over.

Most NR mortgages were put in place with a broker. So, NR wouldnt have any info on any insurances put in place. And brokers only became regulated in 2005. So, a mid 90s case where a broker was used would be pre-regulation.

philipsaver1982

Hi.
I had a claim rejected because they couldn't find my details -it was the early 90's and I have no records - but I know I had PPI. I assume I can't do anything. It was with a Next Storecard.

dunstonh

philipsaver1982 wrote: »

Hi.
I had a claim rejected because they couldn't find my details -it was the early 90's and I have no records - but I know I had PPI. I assume I can't do anything. It was with a Next Storecard.

If neither you or they have information then its game over.

Bill45

I took out a 24-month car loan for £5000 with Northern Rock in November 2001 and a PPI premium of £489.30 was added to the loan amount. I can't exactly say I didn't want this as I had a sneaking feeling I might be made redundant within a year or so and that came to pass in September 2002 when I was compulsorily 'early-retired'.

I made a claim on the protection insurance and Northern Rock paid all the remaining premiums for me.

The stupid question that I have to ask in order to put my mind to rest on this as it's been nagging the back of my mind for a few years now is - do I qualify for any kind of claim? I have all the paperwork.

Please feel free to be as insulting as you like as I probably desereve it for even thinking about the possibility .

Bill

dunstonh

Bill45 wrote: »

I took out a 24-month car loan for £5000 with Northern Rock in November 2001 and a PPI premium of £489.30 was added to the loan amount. I can't exactly say I didn't want this as I had a sneaking feeling I might be made redundant within a year or so and that came to pass in September 2002 when I was compulsorily 'early-retired'.

I made a claim on the protection insurance and Northern Rock paid all the remaining premiums for me.

The stupid question that I have to ask in order to put my mind to rest on this as it's been nagging the back of my mind for a few years now is - do I qualify for any kind of claim? I have all the paperwork.

Please feel free to be as insulting as you like as I probably desereve it for even thinking about the possibility .

Bill

Bizarrely, yes you are still allowed to make a complaint even where you have benefited from the policy. However, rather more sensibly, if they decide you were missold, then they can deduct the amount paid out on the claim from the redress. In many cases, especially those that paid out for more than a few months, the benefit paid out is greater than the redress and you end up with nothing.

Also, your reasons for complaint are severely limited. You cant say you didnt know you had it or that you were not eligible (as it paid out on a claim).