Can i claim ppi from 1989

From the date of this letter, you have three years to reply to the bank. If you did not make a claim during this time, you will not be able to make a standard PPI claim. You might, however, still be able to make a claim under the Plevin rule.

This allows you to submit a PPI claim to complain about high levels of commission on your policy. If you know that you had a previous PPI policy or want to find out if you ever had a PPI policy, you must submit a claim before 29th August You have the choice of making a claim yourself or using a reputable PPI claims company.

To submit a claim yourself, you need to find evidence of the PPI policy and contact the bank with a statement of how it was mis-sold to you. Alternatively, you can use a PPI claims company, which will handle the case for you.

Because of this, lenders have had to compensate their customers, setting aside billions of pounds for this purpose. While fee-charging companies would have you believe the process of reclaiming mis-sold PPI is complicated, the process is straightforward. You have no less chance of reclaiming mis-sold PPI if you do a personal claim, than if you were to go through a claims management company.

PPI tool , to help you create a letter to start the claims process. Some banks provide online enquiry forms for you to make a request. Get your credit report Get a copy of your credit report which will show all debts that were active within the last six years. You can then request the paperwork from the lender by writing to them, and check for evidence of PPI. Cancellation Your insurance policy will be cancelled by the lender when you make a claim so think about whether you may need to make a future claim.

If you do need to keep some cover you may be able to find a cheaper policy through an alternative provider. The Beat the Banks team have had some incredible results for customers who have paid PPI on their store cards or catalogue accounts.

Finally, a special mention for Next. One of our favourite subjects at Beat the Banks. We have had some outstanding results for customers mis-sold PPI by Next. Was generally more than on credit cards!