Should I apply?

BlueRiver

I don't really understand the PPI thing, but keep seeing it about. Around 12/13 years ago I had a credit card with my bank for around 4k. When I lost my job I was unable to get repayments reduced to a manageable amount and with little notice it was referred to a debt collection agency. I've been paying this off ever since and it never seems to get paid off. There's still around a grand outstanding on it. I do only pay fairly small amounts, just over £50 a month. Because the amount was referred to a debt collector I've always assumed that I didn't have any kind of payment protection, although I had thought that I was signed up to one. Over the years I've kind of just forgotten about it, but there's always been a nagging feeling I shouldn't be paying this debt still, or even at all. So, would it be worth pursuing a ppi claim or am I just wishful thinking? The bank I was with was Lloyds.

Nearlyold

Did you ever see a charge for PPI on your statements? As you had always thought you had PPI did you try and claim (in the correct sense of the word) on the policy you thought you had at the time you lost your job? If you did what did the credit card provider say?

Are you thinking of complaining that you shouldn't have been sold PPI or that you did have PPI and it didn't pay out?

Nasqueron

You need to claim on PPI for it to payout, the insurer won't just pay out because you happen to have run into issues.

As above, every single statement where PPI was charged would list it as a new charge as it increased your balance so simply look at your statements.

If you have no records you can try ringing the bank and asking them to check or you may need to risk a DSAR (see the MSE guide on here on how to do this) - will cost you £10 and it'll mean a copy of everything they have left on you in case the front line staff can't help.

Do note you would need to either put in a retrospective claim and hope for the best or complain about the sale - but you need reasons for that and you haven't listed any so we couldn't say if you were miss-sold