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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Is PPP, PPI by another name?
Reikigirl
Posts: 6 Forumite
I have found a 'First National Bank' form for a loan that includes PPP (protected payment premium) - is this the same as PPI?
the loan was taken out in June 1992 - will it still qualify for repayment?
the loan was taken out in June 1992 - will it still qualify for repayment?
0
Comments
-
Nothing "qualifies" for repayment. If you have reason to believe this insurance was mis-sold to you then you can complain and if the bank agree it will be repaid to you.the loan was taken out in June 1992 - will it still qualify for repayment?
However, be aware that a complaint dating back 21 years is likely to be time-barred due to a lack of records.0 -
If this occurred in 1992 I can't help thinking that the op is scraping around the bottom of the barrel here. The phrase "trying it on" springs to mind.I can afford anything that I want.
Just so long as I don't want much.0 -
Yes, it often has many other names too.I have found a 'First National Bank' form for a loan that includes PPP (protected payment premium) - is this the same as PPI?
there is no qualification period, PPI isnt refundable just because you had it. Also 1992 First National are not under FOS jurisdiction and all that, you will just get a time bar letter.the loan was taken out in June 1992 - will it still qualify for repayment?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.4K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.5K Work, Benefits & Business
- 602.8K Mortgages, Homes & Bills
- 178K Life & Family
- 260.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards