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  • FIRST POST
    • Former MSE Helen
    • By Former MSE Helen 12th Aug 13, 3:13 PM
    • 2,324Posts
    • 971Thanks
    Former MSE Helen
    'Don't throw bank statements away after six years' blog discussion
    • #1
    • 12th Aug 13, 3:13 PM
    'Don't throw bank statements away after six years' blog discussion 12th Aug 13 at 3:13 PM
    This is the discussion to link on the back of Martin's blog. Please read the blog first, as this discussion follows it.





    Please click 'post reply' to discuss below.
Page 1
  • Woodruffe
    • #2
    • 12th Aug 13, 5:38 PM
    • #2
    • 12th Aug 13, 5:38 PM
    I have fallen foul of this. I had a credit card with Alliance and Leicester a number of years ago and PPI was put on it without my permission. Since then the account was transferred to Santander and then MBNA and I had undergone a number of house moves so all unnecessary paperwork was shredded and binned.

    A simple letter and one stamp later MBNA had refunded me the PPI which fell under their jurisdiction but Santander were not so forthcoming. Even with account numbers and details gladly given to me by MBNA, Santander did not have any record as it was over 7 years ago. They were more than willing to process a refund if I could provide copies of the statements but obviously I could not! A very costly mistake I shall not be making again.
    • CRISPIANNE3
    • By CRISPIANNE3 13th Aug 13, 10:49 PM
    • 354 Posts
    • 207 Thanks
    CRISPIANNE3
    • #3
    • 13th Aug 13, 10:49 PM
    • #3
    • 13th Aug 13, 10:49 PM
    I am with Lloyds and my online statements go back to July 2002 so storage is not a problem for me.
    • jamesperrett
    • By jamesperrett 14th Aug 13, 9:54 AM
    • 492 Posts
    • 216 Thanks
    jamesperrett
    • #4
    • 14th Aug 13, 9:54 AM
    • #4
    • 14th Aug 13, 9:54 AM
    I wonder if anyone has gone as far back as 1983? I took a loan for a car then and was told that I wouldn't be accepted unless I had PPI. Just have to see if I have any paperwork...
  • tricia2673
    • #5
    • 14th Aug 13, 11:58 AM
    • #5
    • 14th Aug 13, 11:58 AM
    anyone know what Goldfish transferred to
    • derrick
    • By derrick 14th Aug 13, 3:08 PM
    • 6,746 Posts
    • 2,198 Thanks
    derrick
    • #6
    • 14th Aug 13, 3:08 PM
    • #6
    • 14th Aug 13, 3:08 PM
    anyone know what Goldfish transferred to
    Originally posted by tricia2673

    Barclaycard.

    .
    Don`t steal - the Government doesn`t like the competition


    • Sooler
    • By Sooler 15th Aug 13, 1:15 PM
    • 2,791 Posts
    • 1,977 Thanks
    Sooler
    • #7
    • 15th Aug 13, 1:15 PM
    • #7
    • 15th Aug 13, 1:15 PM
    I am with Lloyds and my online statements go back to July 2002 so storage is not a problem for me.
    Originally posted by CRISPIANNE3
    You still need to download and keep your own copies, in case the bank removes older ones after a certain time.
    • Sooler
    • By Sooler 15th Aug 13, 1:17 PM
    • 2,791 Posts
    • 1,977 Thanks
    Sooler
    • #8
    • 15th Aug 13, 1:17 PM
    • #8
    • 15th Aug 13, 1:17 PM
    Keep a scanned copy of all paperwork - shred the original.
    • Figgerty
    • By Figgerty 16th Aug 13, 10:45 AM
    • 472 Posts
    • 279 Thanks
    Figgerty
    • #9
    • 16th Aug 13, 10:45 AM
    • #9
    • 16th Aug 13, 10:45 AM
    I have never taken out PPI nor had a packaged bank account because they did not suit my situation. Why have so many people fallen for the sales hype and not checked if the supposed benefits would really benefit them. What are you buying today that you are not investigating properly before entering a contract to buy. I turned down several offers of buying PPI over the years and in one instance went to a different bank for a car loan because of hardselling on PPI.

    How much has PPI mis selling cost us all?
    Some Burke bloke quote: all it takes for evil to triumph is for good men to say nothing.
    • Dollydaydream33
    • By Dollydaydream33 16th Aug 13, 12:11 PM
    • 1 Posts
    • 0 Thanks
    Dollydaydream33
    Don't throw away bank statements
    My mother used to drive me mad by keeping all her bank statements, as far back as the 60's when the Midland Bank was still going! I used to do all her banking and pay her bills so I kept them all in order in files and this was such a godsend because when she died two of my sisters said that they had been giving my mother money each month for many years and that she promised to pay them back out of the sale of her house when she died. They didn't bank (pardon the pun!) on me having all her statements to disprove this which also included details of my mother giving THEM money!
    I have kept all mine and I am also about to go down the PPI route.
    • Wings of Ambition
    • By Wings of Ambition 16th Aug 13, 2:54 PM
    • 1,648 Posts
    • 1,351 Thanks
    Wings of Ambition
    What lovely sisters you have there!
  • MaryEG
    I have fallen foul of this. I had a credit card with Alliance and Leicester a number of years ago and PPI was put on it without my permission. Since then the account was transferred to Santander and then MBNA and I had undergone a number of house moves so all unnecessary paperwork was shredded and binned.

    A simple letter and one stamp later MBNA had refunded me the PPI which fell under their jurisdiction but Santander were not so forthcoming. Even with account numbers and details gladly given to me by MBNA, Santander did not have any record as it was over 7 years ago. They were more than willing to process a refund if I could provide copies of the statements but obviously I could not! A very costly mistake I shall not be making again.
    Originally posted by Woodruffe
    Did you ever get anything from Santander? I am in exactly the same situation now.
    • benjus
    • By benjus 24th Apr 15, 10:13 AM
    • 4,680 Posts
    • 2,772 Thanks
    benjus
    Trouble is, you don't know what the next misselling-type scandal is going to be. What if tomorrow they decided that the train companies had been overcharging for tickets for 15 years and allowed people to claim back a proportion of their train fares?

    I recently had to make a financial declaration with one year's statements for all bank accounts (not including credit cards) I hold. That ran to over 150 pages. I just don't have the space to store paper records going back for years. However, I do try to periodically gather PDF statements from my banks' online services and keep them backed up in my own storage.
    Let's settle this like gentlemen: armed with heavy sticks
    On a rotating plate, with spikes like Flash Gordon
    And you're Peter Duncan; I gave you fair warning
    • jaylee3
    • By jaylee3 28th Apr 15, 3:53 PM
    • 1,831 Posts
    • 4,660 Thanks
    jaylee3
    My mother used to drive me mad by keeping all her bank statements, as far back as the 60's when the Midland Bank was still going! I used to do all her banking and pay her bills so I kept them all in order in files and this was such a godsend because when she died two of my sisters said that they had been giving my mother money each month for many years and that she promised to pay them back out of the sale of her house when she died. They didn't bank (pardon the pun!) on me having all her statements to disprove this which also included details of my mother giving THEM money!
    I have kept all mine and I am also about to go down the PPI route.
    Originally posted by Dollydaydream33
    Nice one!

    Although without any proof, your sisters would have not had a case!

    I wonder, as YOU have the proof of mum giving your sisters money, if you can get it back off them, (like they were trying to get money off you IYSWIM.)
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