Ancient Lloyds accounts

Lucylocks

As a newbie I'm hoping some more experienced users can give me some advice.

I recently successfully reclaimed several years worth of Lloyds account fees. The main benefit of the account having been AA cover when at the time of 'upgrade' I didn't possess a driving licence. Up to this point I'd always assumed I'd left things too long to claim for any PPI etc and no longer had any paperwork. Figuring I didn't have much to lose I entered a SAR with Lloyds.

This has now come back and shows very limited loan account records and credit card records as below:

1997 fixed rate PL c/s with ins £500-£1499 (repaid by new loan)
1997 fixed rate PL c/s with ins £500-£2999 (repaid by new loan)
1998 fixed rate PL c/s with ins £3000-£4999
2000 fixed rate PL c/s with ins £5000+ (I have copy account statement for this one)

I'm certain these all had PPI and am thinking that's what the 'ins' refers to; does anyone know if this is correct?

Additionally I have a copy of my original credit card application from 1997 which had PPI running until end of 2001 when I cancelled it (copy statements available 2000-to date of cancellation)

My issue is I was 18 years old in 1997. It was represented to me that taking these insurances showed a mature and responsible approach to borrowing. I was employed although have no copy of my contract from back then. Never was it questioned if I had occupational sick pay in the event of illness. After the first loan alll the subsequent loans were used to reschedule the earlier ones which can be evidenced by the dates taken from the SAR paperwork. As such I believe there would have been elements of the PPI policy and interest associated with each 'rolled up' in the rescheduling loan. PPI was applied to each new loan as it had been in place for the previous.

My question is - given the limited info and having an actual statement for only 1 loan account plus just under 2 years worth credit card statements what are the chances of claim being upheld.

secondly as I was extremely young and I now feel very vulnerable to the sales techniques I received very poor advice. Is this likely to be considered grounds for upholding a complaint?

Any thoughts greatly appreciated!

IAmWales

Insurance is a mature and responsible approach to borrowing.

You need to demonstrate why it was unsuitable for you. Your age is irrelevant if you were in employment.

Lucylocks

Thanks for prompt response. I know I was in receipt of occupational sick pay as I managed to break my wrist during that period of employment - as such I continued to receive salary and never claimed on policy (didn't even occur to me).

I have an issue in that it was clearly my financial position was precarious and they continued to provide borrowing - each time I'm assuming including elements of the previous PPI policy and associated interest

-taff

You complain you had a series of loans with single premium attached and see what happens.