Belmont Thornton Logo
Claim Back Loan Insurance

Mis Sold Payment Protection How Far Back

 Since news of the payment protection mis-selling scandal broke thousands of people have made made claims and received payment protection refunds. The publicity surrounding the issue has encouraged many people to look back over their loan documents to find out whether they have this cover and whether it was mis-sold to them. Many people have discovered older loans where policies were added without their knowledge and are keen to know: mis sold payment protection how far back can I claim?

Mis sold payment protection how far back can I claim?

UK law requires that businesses retain customer documents for at least six years. Unfortunately, this means that many older sales are 'time-barred' in times of payment protection insurance claims as lenders do not have the paperwork to carry out an investigation. The exception here is where a loan was still active within the last six years (even if it was taken out much earlier), in these cases your lender should have retained the paperwork pertaining to your loan and should be able to conduct an investigation.

Mis sold Payment protection how far back? Is it the same for all types of PPI?

Regardless of the type of payment protection insurance cover you have - whether it is attached to a loan, mortgage or credit card the same rules apply. In all cases it may not be possible to make a full recovery of all premiums paid, but your lender should, at the very least, where mis-selling is proven, refund payments made with the last six years.

 

 To learn more about the mis-sale of payment protection or the processes of claiming back payments call  0207 471 2000 and a claims handler will be available to answer any questions you may have.


Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
Claim Back Mis-Sold PPI Button

Why Choose Us?

  • TickAbsolutely No Upfront Costs. No Win No Fee*
  • TickSpecialist Claims Team Always On Hand To Answer Your Questions
  • TickQuick, Easy And Simple Process
  • TickU.K. Based Call Center
  • TickGuaranteed To Start Your Claim In 24 Hours

19/06/2013

Loan claim: Building societies warn of house price bubble

The Building Societies Association (BSA) is the latest to warn about the potential house price bubble that could arise f...

19/06/2013

Bank claim: Lloyds raised concerns on Co-op finances

Lloyds Banking Group was aware that the financial position of the Co-Operative bank was unstable, said Lloyds chief exec...

19/06/2013

Loan claim: first time buyers locked out for a decade

First time buyers will have to save up their deposit on a house for more than ten years, according to research from the ...

19/06/2013

Bank charges: Commission tackles issue of RBS

The weak position of the Royal Bank of Scotland (RBS) is damaging to the UK economy, according to the Parliamentary Comm...

19/06/2013

Bank charges: Report says customers and taxpayers were failed

Customers and taxpayers have been failed by the financial sector, according to the final report from the Parliamentary C...

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.justice.gov.uk/claims-regulation number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office and registered office is at Suite 2, Unit 25, The Coda Centre, Munster Road, London, SW6 6AW. VAT Registration number 945 3375 06.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023 and holds a Credit Consumer License issued by the Office of Fair Trading license number 634655.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide