eastleighjim:"where appropriate" just happens mean 99% of cases

Please supply relevant statistical data to support this claim?

And 99% does not equal 100% so again you have failed in your argument that

eastleighjim:The Courts have ruled that, unless the financial insitution can prove otherwise, all PPI policies were mis-sold.

"where appropriate" just happens mean 99% of cases

eastleighjim:The Courts have ruled that, unless the financial insitution can prove otherwise, all PPI policies were mis-sold.

Not as balck and white as the FSA see it who brought the ruling!

http://www.fsa.gov.uk/consumerinformation/product_news/insurance/payment_protection_insurance_/ppi_judgment_accepted

the words "where appropriate" sort of blows your argument up!

The Courts have ruled that, unless the financial insitution can prove otherwise, all PPI policies were mis-sold. That was because a lot and I mean a lot of people had been sold worthless policies that wouldn't pay out even when businesses were wound up. The self-employed had no chance whatsoever of ever making a claim. The only bigger mis-selling scandal I have come accross are Debt Management Plans. If you think claims Management Companies should be closed down by the Ministry of Justice then all Debt Management Companies should be closed down by the Department for Business, Innovation and Skills.

Sorry I may sound negative on this but there a lot and I mean a lot of people that had PPI - claimed on it and it worked. There were PPI polices that would pay out if you were self employed as long as the business was wound up and all that was recorded there was a potential for claim - self employment did not automatically rule you out.

However saying this I am not a fan of the products are invariably they are underwritten at the point of claim and this gives the opportunity for the insurer to deny the claim but what I hate even more is that every person who has had PPI thinks they have a right to claim. Maybe the Ministry of Justice can do us all a favour and close down more of the Claim Management Companies (CMC). I have seen a claim for a mis-sold policy from a CMC where the policy had paid out due to unemployment and the CMC still claimed it was not a suitable policy even though it had done what it was meant to do! I have seen CMC's put a claim in for a Waiver of Premium plan which is not PPI and is a very different contract but they see the words "illness and pay your premiums" and believe that every policy is a PPI and is claimable.

I hate with a passion the CMC's as they are just ambulance chasers and I don't put the phone down on them anymore I string them along and make out that they may have a claim just to waste their time so they cannot leech off other unsuspecting people!

Maxstream/Big Matt, I know what you meant!!!

basically, i can ask for whatever I want, but without records/proof, I will be "*** in the wind"

Thanks for your input

And these agents are low, very low. It is a process that can be done without any outsourcing, all you need is a bit of time

Thanks eastleighjim, sound advice.

I had paid ppi many moons ago, but stopped accepting it after my self employed status nulified a potential claim!! my issue is that prior to the ruling I had completed the loans with ppi on them and have long since shredded or binned the records!!!

I am going to follow your advice and try my luck with my banks

Cheers..

Hi Chunky D

You can go back as far as you like. The Courts have decided that in general all PPI was mis-sold )unless the provider can prove otherewise which in 90% of case they can't)

Any agent would need some kind of account reference. You can ask your bank for a list of all previous direct debits/ standing orders that you have had on your account which would be a start.

BigMatt:

Why can you claim as much as you like back? That is totally incorrect?

I stated that "You can ask for as much as you like." I also explained the likely result of asking for money without being able to provide any details.

Why can you claim as much as you like back? That is totally incorrect?

Do you know the circumstances - this person does not even know if they had PPI?

Why do people make out that it was mis-sold? It is comments like the ones from maxsteam that are actually costing genuine financial advisers money when there is no fault at all - yes there have been some that were wrong but not every policy was mis-sold. Claims Management Companies are the lowest of the low in my opinion as half of the time they do not even know what they are complaining about - they claim the wrong policy is mis-sold and the wrong adviser sold it so please don't just think that because you MAY have had PPI that you have a claim.

You can ask for as much as you like. You wont get anything though unless you can find out the basics of any policy (or even if such policies existed).

The first step might be to write to whoever you paid the premiums to stating that the policy was missold and you would like a refund. If you don't have any details, there's no way that you or anyone else can make a realistic claim.

Having been bombarded with e-mails offering to help me claim back my mis-sold ppi, I was wondering if I was actually entitled to it and have a few questions!!!

1. How far back can you claim?

2. I have several loans, long since repaid and the documentation "binned", how can I check if it had ppi?

3. I have changed my mortgage several times and moved house a few times, how do I confirm I had ppi on these?

4. Finally how do I do this without employing an agent!!!?

Any advice would be appreciated, cheers.........