How far back can I claim PPI refunds?

How far back can I claim PPI refunds?

Legally, most banks and financial providers are obliged to retain records for six years after an agreement has closed. However, some retain their records for a lot longer in their archives.

Legally, most banks and financial providers are obliged to retain records for six years after an agreement has closed. However, some retain their records for a lot longer in their archives.

Banks and lenders often mis-sold payment protection insurance (PPI) when customers took out credit with them. Credit was in the form of loans, mortgages and credit cards. The payment protection insurance policy was designed to cover payments in the event of sickness, accident or redundancy, but was often added without the customer’s knowledge.

Through our facilities, we have access to a huge number of archived records from many banks and providers. Often, we don’t have to have account numbers or paperwork.

Could my claim from the 1990s be successful?

Theoretically, yes! We’ve known some successful payment protection insurance claims to go all the way back to the 1980s, so it’s definitely worth getting in touch with us.

If there aren’t any archived records relating to your financial agreement, or your bank or provider can’t confirm you were sold PPI, then your claim will fall into our no win, no fee promise. This means you will not be charged a penny on the case.

What next?

Get in touch today to find out if you’re eligible for a payment protection insurance refund or PPI compensation.