Old PPI

Jo1955

Hi, I'm new to this so please bear with me. Any advice would be great. I heard on the radio the other day that you can claim PPI back to 1988. I had a fire in my hotel in 1999 and I ended up keeping my head above water by juggling 7 credit cards and running up £22k in debt. I would draw cash on one card to pay another. It took me months to realise that I had PPI and that because my hotel had to close, in effect I had lost my job/income. By the time I realised I had PPI I had weathered the storm and when I asked about it the banks all said I should have claimed it at the time and it couldn't be back dated. Needless to say I cancelled the PPI then and there. I still owe £366 on the final credit card I used at that time and will pay it off before Christmas. I don't have any paperwork but on some of the accounts I paid via my Halifax account and I can get my statements online showing the payments made to the credit card companies but not the account numbers. Anyone know what, if anything I can do about this please. Thanks

magpiecottage

Very very few PPI disputes back to 1988 can be pursued.

Courts tend to find against complainants and if the sale was more then 15 years ago they can simply timebar it.

Apart from banks, building societies and insurance companies you cannot take the case to FOS and then only those who subscribed to an Ombudsman scheme at the time (not all did).

Then you need evidence which seems to have long since disappeared.

Jo1955

Thanks for the reply. I still have one of the accounts open, the one I owe £366 on. I also have one of the others open because I overpaid by £30 so I get a statement every month showing this. Might have a go with these 2 even though it's 14 years ago. I'll post the outcome anyway. Thanks again