If you used a
store card in the 1990s or 2000s you could be owed £1000s
If you took out store cards in the 90s-2000s you would have
most probably been mis-sold PPI.
Unless you know who to contact you are unlikely to get the pay-out
you are owed.
Thousands of PPI complaints on old store cards were rejected
but shoppers who were encouraged to take out credit with major high street
chains were more than often mis-sold PPI and could be owed compensation even if
they have been rejected.
There are many ways to get what is rightfully yours. You can
complain directly to the underwriters. This allows the banks to force pay outs
on PPI complaints that were dismissed previously.
Store cards are not very popular nowadays because of the
tough regulations that were introduced in 2011 to prevent shoppers from falling
into debt and not being able to afford their shopping.
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