For rookies, the payment protection insurance is made for loan borrowers which have become sick, had an incident or turned out to be unemployed; to pay for the loan even when they have been through such circumstances. The downside is that numerous banks are benefiting from the PPI, and they are selling it to those who don’t need this type of policy.
We’ve learned that many banks are tricking their customers by selling payment protection insurance which they don’t even require. Is there a chance that you can claim back everything that you deserve from PPI?
There shouldn’t be a specific time limit; this is when you have along with you your payment records as well as original files. Nevertheless, base on our experience, 25 years is the typical time period limit bank gives, though all banks have different time limits. In addition, this will rely on how long they’ve held your personal data. Rest assured; we can assist you even though you didn’t have any of the original paperwork to claim back what precisely you deserve.
In the length of 25 years, several things have occurred, as well as changes made. It’s most likely that you lost your credit card as well as financial loan documents by that time. In addition, not so many people will be able to remember the account number of their original loan policy a decade or two when they have it. Most likely, the loan companies can search up your file with the complete name as well as address you’ve used throughout the time you’ve made the transaction with them. The good news is; we are able to help you make a claim even though you don’t have the original documents along with you. It’s true that it’s quicker to get results if you have the supporting documents, but they are not needed for filing claims. That’s why we don’t require you to provide the original account number or papers.
It’s a prerequisite for the banking institutions to keep the records for six years in the event the first loan is complete according to rules. In other words, the client’s particulars should only be kept for a minimum of 6 years. However, many loan companies have still kept their own customer documents for more than a decade. Moreover, approaches as well as duration of holding documents differ from one lender to another. As a result, one firm may permit you to around 25 years, and others might not. Yes, you can still find variations depending on the company alone. However, just complete the form that you can see on this page if you need to have a claim.
If you’re puzzled by if you’ve been mis-sold PPI we are here to help. We’ve assisted thousands of clients to claim back what is rightfully theirs. If you are thinking about making a claim, then fill out the form offered on this page to learn more details.
Do not forget that you no longer need to present the original documents should you choose to obtain our services. All that you should do is provide us the data that we need in filing a claim. We just need your name, the policy that you received, and your home address when the transaction was done. For more queries, you can ask our hospitable as well as experienced employees.