Can I Still Claim Back My PPI?

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Check If You Have PPI For Free

 

If you think you’ve been mis-sold PPI (payment protection insurance), you should get your claim in by August 2019. That’s the deadline now in place for final claims. But why wait when you can quickly check any outstanding PPI today for free!

 

Q. Why is a deadline being proposed?

A. The financial regulator, the Financial Conduct Authority (FCA), says that a deadline for payment protection insurance mis-selling claims is being introduced so that there is ‘finality and certainty’ for the industry (especially banks).

It also said, oddly, in my opinion, that it may encourage people to complain directly to banks rather than using claims management companies and that it may improve the efficiency of PPI complaints handling. I don’t follow the logic for this at all.

It first mentioned this idea almost a year ago and is now responding after the feedback it received.

Based on what the FCA has said today, the deadline is very likely to go ahead, although it’s not definite. Consumers, consumer groups and banks have until October 11th to respond to the latest plans. You can give feedback using anonline form from the FCA.

 

Check If You Have PPI For Free

 

Q. When would the deadline be?

A. While at the time of the statement there was a little media coverage regarding the claim being enforced as this wasn’t set in stone the however the regulator has recently clarified it’s stance. The regulator has now set the PPI complaints deadline as the 29th of August 2019. This means all claims need to have been submitted by this date in order to be processed.

According to the regulator this gives all claimants an adequate amount of time to submit their claims, for them to be processed and to bring the process to a conclusion. Naturally the banks had tried to make this much sooner but the regulator set the time frame to ensure a fair conclusion to PPI repayments claims. You needn’t speak to anyone as you can start your claim for free here!

 

It’s Never been easier to reclaim your historical ppi

Q. Is there a particular issue for women?

A. The regulator, the FCA, says that men are more likely to have bought PPI, but also more likely to have complained. Women in the UK are less likely than men to complain (the FCA says this is due to slightly lower financial knowledge and familiarity).

The FCA says that its publicity campaign will be effective (it’s already been tested on women-only groups) and it will re-test the publicity.

You Can Review Historical PPI On Any Of The Following:

Simply Click Your Product To Reclaim

Bank Accounts

Loans

Credit Cards

Mortgages

Q. Who can make a claim?

A. You can look to make a claim if:

  • You were self employed. The vast majority of PPI policies won’t pay out if you’re self employed or on a fixed-term contract and you lose your job/work.
  • You had medical problems you weren’t asked about. PPI policies rarely pay out for ‘pre-existing medical conditions’ — illnesses you’d suffered from before you took out the policy.
  • You weren’t told about exclusions. In many cases, policyholders weren’t told that stress, pregnancy or back problems weren’t covered.
  • You were retired or over 65 or older at the time. If you were retired you wouldn’t be able to claim on the policy in the first place and if you were aged over 65 or 70 (even if you were still in work) you might not have been covered as most policies have an upper age limit.

Check If You Have PPI For Free

 

It couldn’t be easier to complete your historical PPI Check

Today you can complete a full check on your PPI history within seconds. All they need from you is to fill out a quick online check which can be complete in seconds. This will search your previous accounts not only for PPI but also PBA (packaged bank account charges) simultaneously. You can complete such a quick online check here.

 

Did you have PPI? Are you owed £1000, £2,500, £6,000 or even more?
Check for free today….It could be the most profitable 30 seconds you use all year!

 

 

Here’s how to check

    1. Click your location on the map below to get your FREE PPI Check.
    2. Simply enter your details.
    3. It’s easy and only takes around 30 seconds to do.

What’s more You

    1. Don’t need any old statements.
    2. Won’t receive nuisance unsolicited calls.
    3. Won’t miss out on claiming what is rightfully yours.

 

 

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This advertorial is sponsored by PPI Register. PPI Register is a trading style of Red Star Financial Management Ltd.
Red Star Financial Management Limited, St Georges House, Peter Street, Manchester, M2 3NQ, is registered in England (Company No:07044178) and is regulated by the Red Star FM Regulator in respect of regulated claims management activities (CRM22115); its registration is recorded on the website www.gov.uk/moj/cmr

*When we tell you that we have located your PPI we will send you some further paperwork to complete to start the claims process. Once you return the paperwork or confirm over the telephone that you wish us to proceed with your claim we will commence the claims process and if the claim is successful our fee of 35% +VAT will be payable as per the Terms of Engagement or you can complete the claim yourself.

Sources:
https://www.the-fca.org.uk/consumers/payment-protection-insurance/monthly-ppi-refunds-and-compensation

**Content curated source can be located here: Savvy Woman

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