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LLOYDS PPI old loan
jules1973
Posts: 209 Forumite
Hi,
I had a loan taken out in summer 2000 and paid off early in August 2003. It was for £10000 and it had PPI on it. I was sold it while I was a student and was not working.
I have SAR'd Lloyds TSB as I need some account numbers. I have read that lloyds go back more than 6 years sometimes with the info they send you.
Does anyone know if that is generally the case? You would think that LTSB would close that loophole by destroying all the info older than 6 years.
I had a loan taken out in summer 2000 and paid off early in August 2003. It was for £10000 and it had PPI on it. I was sold it while I was a student and was not working.
I have SAR'd Lloyds TSB as I need some account numbers. I have read that lloyds go back more than 6 years sometimes with the info they send you.
Does anyone know if that is generally the case? You would think that LTSB would close that loophole by destroying all the info older than 6 years.
0
Comments
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Lloyds go by however long they have evidence for or you have evidence. They do not put a 6 year line in the sand on complaints.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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Hi I have put in four claims - two of which were dated in 1998 and 1999. Both of those were upheld with the standard compensation rate of £1200 for each loan as they no longer had any paperwork but could see that they had PPI. So yes definitely go for it - you cant lose anything by trying.
Good luck0 -
P.S. I had no paperwork other than the account numbers - which i rang the branch for as luckily i could remember my old current account number and they gave me all the loan account numbers that were linked to that current account and they also told me if they had PPI or not0
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