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    • srow81
    • By srow81 13th Feb 18, 12:19 PM
    • 2Posts
    • 0Thanks
    srow81
    Ppi claim old debt success
    • #1
    • 13th Feb 18, 12:19 PM
    Ppi claim old debt success 13th Feb 18 at 12:19 PM
    I have a PPI claim with Lloyds going through and its an old credit card. I have just realised that I never paid this balance off and it was statuary barred a while back. It isn't on my credit file so I cant be sure when it came off.


    Could you advise if this is likely to be set against it? I was at one point chased by Robinson Way for the balance but I have no idea if they bought it or chased on lloyd's behalf.


    If anyone has had a similar situation could you share your experience?


    Many Thanks
Page 1
    • dunstonh
    • By dunstonh 13th Feb 18, 12:24 PM
    • 91,028 Posts
    • 58,029 Thanks
    dunstonh
    • #2
    • 13th Feb 18, 12:24 PM
    • #2
    • 13th Feb 18, 12:24 PM
    Could you advise if this is likely to be set against it?
    in most cases, yes it would.

    Statute barred means they cannot come after for the debt via the courts but the debt still exists. PPI redress can be set off against arrears, defaults and write offs
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
    • srow81
    • By srow81 13th Feb 18, 12:49 PM
    • 2 Posts
    • 0 Thanks
    srow81
    • #3
    • 13th Feb 18, 12:49 PM
    • #3
    • 13th Feb 18, 12:49 PM
    Oh really !!!55357;!!!56873;!!!55357;!!!56873;!!!55357;!!!56 873; Thanks for letting me know!
    • TopTroy
    • By TopTroy 14th Feb 18, 3:24 PM
    • 9 Posts
    • 3 Thanks
    TopTroy
    • #4
    • 14th Feb 18, 3:24 PM
    • #4
    • 14th Feb 18, 3:24 PM
    How far can I go back with PPI? I had a loan back in the 90s from Barclays which I paid off, pretty sure it had PPI attached!
    • MINKY
    • By MINKY 14th Feb 18, 3:56 PM
    • 1 Posts
    • 0 Thanks
    MINKY
    • #5
    • 14th Feb 18, 3:56 PM
    ppi
    • #5
    • 14th Feb 18, 3:56 PM
    yes I also have old loans going back over 7 years ago so would also like to know is there a cut off?
    • dunstonh
    • By dunstonh 14th Feb 18, 3:57 PM
    • 91,028 Posts
    • 58,029 Thanks
    dunstonh
    • #6
    • 14th Feb 18, 3:57 PM
    • #6
    • 14th Feb 18, 3:57 PM
    No cut off yet. 7 years should be ok but you are getting to the point where data gets culled.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
    • IrishCloverleaf
    • By IrishCloverleaf 16th Feb 18, 4:50 PM
    • 7 Posts
    • 1 Thanks
    IrishCloverleaf
    • #7
    • 16th Feb 18, 4:50 PM
    • #7
    • 16th Feb 18, 4:50 PM
    Early 80's...give or take!
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