We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Lloyd's historic loan PPI claim - any point?
Options
debjones1004
Posts: 2 Newbie
Hi, I think I might have asked this a while back, so apologies if you're having deja vu!
I took out a personal loan for a car in the early 90s with Lloyd's for approx £3k. I had my current account with them at the time. I now have no details of either, but I vividly remember the Branch Manager forcing me to take out PPI else he'd disallow my application. I was an established Civil Servant at that time and knew that PPI was unnecessary due to good sickness pay.
I'm thinking of asking for a DSAR. Is there any point given that it's so long ago and I cannot be more specific?
I took out a personal loan for a car in the early 90s with Lloyd's for approx £3k. I had my current account with them at the time. I now have no details of either, but I vividly remember the Branch Manager forcing me to take out PPI else he'd disallow my application. I was an established Civil Servant at that time and knew that PPI was unnecessary due to good sickness pay.
I'm thinking of asking for a DSAR. Is there any point given that it's so long ago and I cannot be more specific?
0
Comments
-
High street banks tend to hold good records on loans. Not so much the paperwork but enough to know whether they loan had PPI or not. So, timescale is not an isssue.
You dont need to do a DSAR if you know you had PPI. A DSAR is only useful if you dont know you had it and are fishing.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 -
I definitely had Ppi on a lloyds loan and didn't need it but like debjones was made to have it by bank. I don't have any paperwork from back in the 90's so went in my local branch and they said they had no record of it at all. Not sure where to go now!DF by Christmas 2014 #78 £18,964.15/£15,000
DF by Christmas 2015 #07 £16,500/£21,992.92
DF by Christmas 2016 #42 £4570/£4,500
CC and loan debt at it's worst April 07 - £54,489 plus
27/01/14 Officially Debt Free - except mortgage which I'm working on!
26/02/16 mortgage free0 -
I definitely had Ppi on a lloyds loan and didn't need it but like debjones was made to have it by bank. I don't have any paperwork from back in the 90's so went in my local branch and they said they had no record of it at all. Not sure where to go now!
Lloyds do have records going back that far. Even if its just the account number and account code (the account code would indicate if PPI was on it or not). It is possible that the amount detail is missing but then the 90s would have seen RAMAC cards still in use. In cases, like this, a DSAR would confirm it.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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards