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.

News on PPI claims

Hi, 
With the recent news regarding the supreme court and complaints to re cupe possible hidden commission..how would that work if a decision is made to automatically contact their customer service have moved and changed address etc.. 

Comments

  • CliveOfIndia
    CliveOfIndia Posts: 2,289 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Do you really mean PPI, or are you referring to DCA?
    But if they don't have current contact details for you, obviously they can't contact you.  But there's nothing to stop you contacting them if you feel you have a valid claim.
  • dunstonh
    dunstonh Posts: 118,800 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Hi, 
    With the recent news regarding the supreme court and complaints to re cupe possible hidden commission..how would that work if a decision is made to automatically contact their customer service have moved and changed address etc.. 
    You appear to have mixed up different issues.

    The PPI issue has had recent supreme court decisions and was nothing to do with hidden commission.  The deadline to complain with PPI was 29th August 2019.

    Are you referring to motor finance complaints?

    .how would that work if a decision is made to automatically contact their customer service have moved and changed address etc.. 

    Based on past decisions the regulator has made, they will be required to employ tracing companies.   However, that typically delays things for many years.   So, in those scenarios, it would be worth the borrower being proactive and provide details to the lenders.

    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.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.9K Banking & Borrowing
  • 252.3K Reduce Debt & Boost Income
  • 452.6K Spending & Discounts
  • 241.7K Work, Benefits & Business
  • 618.3K Mortgages, Homes & Bills
  • 176K Life & Family
  • 254.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.