Ppi Claim

[BJS]

I have been informed that my claim has been rejected due to the claim time had been exceeded. The PPI was taken out in 1995. Is there a time limit as had enclosed with my claim the original statement of payments sent to me on completion of payment.

[Buenchico]

You have to submit your claim within six years the mis-selling OR within three years of you first becoming aware that you have grounds for a complaint.

See
http://www.bbc.co.uk/programmes/articles/46Cy2PJRJzNp3GbCXxZXKG5/payment-protection-insurance-ppi
and
http://www.fca.org.uk/consumers/financial-services-products/insurance/payment-protection-insurance/claim-ppi
(which includes information about disputing a PPI decision via the Financial Ombudsman Service).

[BJS]

Thanks once again Buenchico. What happened was sorting out up in the loft early January found papers with all our payments of a loan we took out for a new kitchen with a add-on for a PPI with GEC? bANK. I phoned the Ombudsman who gave me the phone number for GE Finance who took over their dealings. Sent them the paperwork I had found and they had sent there mail to me to the wrong address. Phoned them today as the 8 weeks were up and they said the claim had been rejected as there records did not go back that far. So waiting for a copy of this rejection letter to see what my next move will be.