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PPI claim. Over 10 years old
Claireyc6
Posts: 2 Newbie
Hi. Contacted my bank who said I would have qualified for being mis-sold PPI but because it was over 10 years ago I was not eligible to claim. Is this correct or should I pursue it.
Many thanks
Many thanks
0
Comments
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You are indeed eligible to make a complaint,(note, a complaint and not a claim) but as it was taken out before this was regulated they can literally say
On Your Bike.
Do they say why you would have qualified.......
Any complaint would have to be backed up with proof of miss sellling,make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
There is no 10 year rule.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.0
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Can I ask which bank said this?0
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Thanks for replying. I haven't sent a letter but called the complaints department. The guy checked it out and said necause i didn't know I was paying for it I would be eligible but because it was over 10 years i couldnt.Will now get onto sending a letter. Thank0
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Sounds like you have completely misunderstood. Are you sure the operator didn't tell you that they had no records of your finance going back ten years?The guy checked it out and said necause i didn't know I was paying for it I would be eligible but because it was over 10 years i couldnt.
What reason are you giving for being mis-sold? Did you even have PPI?0 -
Barclaycard just upheld a complaint for card from 2001
Barclayloan did the same for a loan in 1997
I guess it depends on some luck0 -
As long as records exist, there is no real time limit for PPI complaints.0
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It sounds more like a conversation on probability rather than them quoting a rule. i.e. Because its over 10 years ago, there may not be the records. Nothing to do with eligibility.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.0
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Unless they weren't regulated.
who are you complaining to and when was it sold?Non me fac calcitrare tuum culi0 -
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