Morning all - Used to be registered, but seems to have forgotten my password, so had to get a new ID! Good new, now debt free, and credit rating has shot through the roof in the last few years, so things are on the up and up thanks to advice given here - without you guys, I would've been pretty desperate! So onto my new enquiry. History Back in 2003, I took at a loan with Welcome Finance for £1000. At the time I was informed that without taking PPI insurance, I would not be able to get the loan. So the dotted lines were signed and payments started. All well and good. In 2004, I was looking for a second loan, while still paying off the first (the start of a dark and slippery slope if anyone is interested...). At the time, Welcome informed me that as I still had an outstanding balance, I would need to use part of the second loan to pay off the first. So instead of coming out with a £1500 which I was looking for, I ended up coming out with a £3500 loan (which included to full amount plus interest of the first loan) and the money for the second. Fast forward a couple of years, and financial difficulties payments started slipping and the loan ended up in default (Admittidly after only missing 3 payments). The lovely gentleman at Welcome came up with a payment plan that I could afford and offered a "Staggered Short Term Settlement" which meant I would pay 3 years at £147 and they would write off the remaining £1000 that would be left on the account (Yip, that works out at £6292 even after paying a year of payments, also at £147) So, the years go by, I don't miss a payment, and the week before the final payment I contact Welcome to confirm. I don't get my lovely gentleman any more, and I get put through to the Edinburgh office rather than the Bathgate office. This man tells me there is no information about a "Staggered Short Term Settlement". I tell him I have a letter confirming this. He puts me onto his manager, and after a bit of too and froing, she eventually agrees and all ends. Credit File is updated with Partial Settlement, but that's another story... Fast forward another few years, everything has dropped off my Credit File and I start hearing about PPI. I know I had PPI on these loans (both of them) and I now know that I was miss sold them. But the question remains 1. How long do I have? If you've followed, you'll notice next year will be the 10 year mark on these loans. 2. Is it worth it? Would Welcome be likely to claw back any reward due in part to the Staggered Short Term Settlement? TL;DR - 2 Loans in 2003/2004. Defaulted in 2005 and agreed Short Term Settlement with a £1000 write off. Is it possible to claim back mis-sold PPI and is it worth it? Hope ya can help!