3fingersreid Posted October 12, 2017 Share Posted October 12, 2017 Got a call from today from a Welsh female today asking about PPI claims , I told her I’d already claimed after taking advice from the good folk of kickback ( think that might’ve confused her) however she went on to say that you can claim back any PPI back to the age of 18 . Is this correct or just a bit of selling patter to try and get business . I certainly had car loans that far back but that’s back to the mid80’s . Link to comment Share on other sites More sharing options...
Jamboelite Posted October 12, 2017 Share Posted October 12, 2017 Yes and no. There is the 6 year rule in that financial institutions have to hold your records for that length of time so a claim is easier. Going back further is possible but its not as easy as they may not hold your records and dont have to. its worth giving them a bash you have nothing to lose. Link to comment Share on other sites More sharing options...
Bindy Badgy Posted October 12, 2017 Share Posted October 12, 2017 It's worth firing off a standardised letter as the lender may still have records. Don't use the services of a claims company, all they do is pinch one of the standard letters and take a percentage. There are template letters on Money Saving Experts and numerous other sites. Link to comment Share on other sites More sharing options...
Paolo Posted October 12, 2017 Share Posted October 12, 2017 Do it yourself Link to comment Share on other sites More sharing options...
Shanks said no Posted October 12, 2017 Share Posted October 12, 2017 When I was on my PPI crusade I definitely managed to cash in on loans and credit cards I had 10 plus years before. You will need some basic information though. I was lucky enough to come across 2 A4 sheets of old standing orders / direct debits my bank had given me at one time. It listed who I was paying, the monthly amount and the reference number. I basically blagged it from there by sending off the standard letter saying I had a PPI claim. Some came back telling me I never had protection but others coughed up, including some who had little paperwork themselves. By by the time I gave up chasing (and I regret not fighting one to the bitter end) I was about £34k better off. Link to comment Share on other sites More sharing options...
1971fozzy Posted October 12, 2017 Share Posted October 12, 2017 I had no records but got £3k back from 3 loans I had in the mid to late 90’s. The PPI payment wasn’t huge but some interest was added. I was genuinely shocked. And that was after the firms £1k cut. definitely worth a go. I used the claims guys and they were great. i should say the loans were not for much each one was between £500 and £2,500 Link to comment Share on other sites More sharing options...
Bindy Badgy Posted October 12, 2017 Share Posted October 12, 2017 Banks will often have records that go back further than 6 years. I know for a fact that Barclays do as I used to work for them. Link to comment Share on other sites More sharing options...
1971fozzy Posted October 12, 2017 Share Posted October 12, 2017 10 minutes ago, Stokesy said: Banks will often have records that go back further than 6 years. I know for a fact that Barclays do as I used to work for them. I’m testament to that Link to comment Share on other sites More sharing options...
3fingersreid Posted October 12, 2017 Author Share Posted October 12, 2017 I’ve already done the claims that went back ten years , I was just surprised that she said it would go further back than that , think I’ll give someone a call and see what happens Link to comment Share on other sites More sharing options...
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