PPI claim

[friedgreentomato]

Am thinking of making a PPI claim for a credit card I have had since 1990 I am still paying the PPPI for, do they only go back 6 years?

Does that mean they will only look at the last 6 years or will they take into consideration that I have been paying a lot longer?

Does anyone know approx amounts/% paid out - are they paying out every claim?

Anyone done it on their own without going through a company?

[Nosha123]

I believe they can only EVER go back 6 years... do prior to that and you are stuffed (along with me!!!! loan pre 2006 so cannot claim)

[EvianBaby]

It has to have been active within the past 6 years.

So I did for a loan I took out in 2005 (if my memory is right) but I was still paying the loan within the past 6 years so it qualified.

I did it myself. It took one letter.

[MustangLady]

I'm in process of doing it myself (my letter sent to them and has been acknowledged). Mine is for a loan I took out in 2005 and they looking into it for me. Fingers crossed I'll get something back. Good luck with yours, they can only say No, worth giving it a go.

[bednobs]

lol why the hell are you still paying for it if you didn't want it?

[EvianBaby]

You can't just stop paying it.

[bednobs]

can't you? My credit card gives you the option to have it or not, and it's based on the amount owing

[cathfromsaron]

if you don't need it and want it on a credit card, you can take it off!

if it was added to a loan with equal payments you cannot remove it BUT you can apply to have whole lot repaid and have compo IF you can prove it was mis-sold!

[EvianBaby]

Maybe it's changed the but when i asked to stop paying it I was refused.

[friedgreentomato]

Thanks for all your replies - does anyone have a template that i can use?

[granny grump]

You can get a template from Matin Lewis site and there is no time bar on PPI claims

[Purple_Popple]

I claimed PPI from a mortgage I took out in 2001 - 2005 (which I only had for 4 years with that particular lender) and my claim was successful, try it, see what happens..what have you got to lose.

[granny grump]

You wouldn't have had PPI Purple_Popple it would have been MPPI

[Purple_Popple]

It was PPI, I had the original paperwork - it was a separate payment added on to protect against sickness accident etc, I couldnt take the mortgage out without having this. So it was unfairly sold.