Thread: Hfc Ppi

Hello all seeking some advice on a bit of an epic.

PPI added by HFC in November 1996 to a loan.

Requested it all be paid back in 2006 rejected by HFC 2007

Did not approach the fos within the six month time limit.

Chanced my arm with a claims management company who again told me there was nothing I could do as the claim was not referred to the FOS within the six month period.

Is there any other course of action available to me.

Is it worth approaching HFC after the FSA directed they should look into all their rejected complaints after 2005?

Any advice appreciated.

One small problem might be the date when the policy was sold - 1996. This is long before regulation be the FSA (which didn't even exist then).

Also, fos rules mean they can't look at complaints where the event complained about is over 6 years old (DISP 2.8.2R) with the exception of mortgage endowments where the date is based on the first warning letter.

The other option is legal action, but this may be limited by the Limitation Act - I'm not a solicitor so I'd suggest you get professional help before going down the legal route.

Thanks for the replies, I only found out we were paying the PPI in 2005 it was listed as Account Cover it also included Life Insurance which we did not need wee already had sufficient cover.

Does the limitation act still apply?