Ppi Query?

[cleoval]

Hi , in the 90's I had a large overdraft with the bank HSBC. I am no longer with them and do not know my account number.I read somewhere I could claim money back through pip. Is this correct and if it is, is it better to claim it back yourself or get a company to do it please? How do yo do it yourself & what is the pip deadline please.? Thanks.

[Old_Geezer]

https://www.theanswerbank.co.uk/How-it-Works/Question1668140.html

[bookbinder]

If you get a company to claim on your behalf, they will take some of the money as commission. If you do it yourself, you keep all that you get.

[cleoval]

How do you do PPI yourself please.?

[bookbinder]

https://www.which.co.uk/consumer-rights/advice/how-to-reclaim-mis-sold-ppi

[ubasses]

HSBC only sold PPI on all it's loans and credit cards.

[Baldric]

Duplicate question.

[Buenchico]

As Ubasses indicates, it's unlikely that you were offered PPI on an overdraft. The point of PPI is that it pays out in respect of any missed minimum repayment instalments on a loan when an insured person loses their regular income. However an overdraft doesn't have a specific repayment plan. So it's hard to to see what PPI could guarantee to cover.