Will a PPI Claim Affect My Credit?

Many people wonder if a PPI claim will show up on a credit report in the future, since it means that the customer is backing out of an insurance agreement and getting his or her money back. In the UK, however, it is illegal for a bank or other lender to hold this against you because of the FSA's Treating Customers Fairly bill. The Banking Code also protects customers from any sort of retribution from a lender, so you can go ahead with your PPI claim worry-free.

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