ppi

[ste v]

is it worth trying to claim back the ppi from Barclays for two loans I took out in 2004 and 2005 even though the banks have stated that only loans taken out in the last six years will be considered ? thanks

[milly143]

You will find a lot of info on the Martin Lewis' website but as I read that, it states as long as the loan was 'active' in the past 6 years, not just taken out then you can try and reclaim.

You might as well try it. The worst that can happen is you get refused.

[buildersmate]

Be guided by what Martin Lewis says - but my understanding is that 'active' means that there must have been some correspondence between you and Barclays in the 6 years - from just one of the 2 parties would be good enough.
The '6 years' bit relates to the statute of liability on debts - if no mention for more than 6 years, a debt cannot be enforced.

[horselady]

My husband is in dispute with Lloyds and he took his loan out in 2004.