Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, whether the 29 August 2019 deadline for making redress claims for mis-sold Payment Protection Insurance also applies to non-insurance debt freeze and waiver products.
I can confirm that non-insurance contractual debt freeze and other waiver products sold as part of regulated credit agreements are distinguished in regulatory terms from Payment Protection Insurance (PPI). The Financial Conduct Authority’s 29 August 2019 deadline for making redress claims for mis-sold PPI applies only to claims in relation to PPI.