Other PPI Reclaiming

edited 30 November -1 at 1:00AM in Reclaiming Mortgage Fees, Council Tax, etc
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davidwildavidwil Forumite
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A quick query. Can we claim mis-sold PPI back from ANY company? The reason I ask is I know of a loan which was taken out with a separate finance company other that a bank and I'd like to know if it can be claimed back. I've no paperwork for the loan so any guidance would be appreciated.

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  • dunstonhdunstonh Forumite
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    Can we claim mis-sold PPI back from ANY company?

    No.

    1 - you need to have a complaint reason
    2 - the firm needs to have been regulated for insurance (or been a member of an earlier body). Car dealers, mortgage advisers etc rarely were before 2005. Banks were.
    3 - you have to bought it on an advice or sales process. DIY cases are your own responsibility.
    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.
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