6yr Period lloyds

**barcaboy** · 8th December 2007 16:04

Hi all,
I have requested Lloyds icon

pay me back my PPI premiums plus 8% interest icon

on 3 seperate loans.
They agreed to 2
But the 3rd are saying because I started this one in 1999, Its over the 6 yr period,
Although I finished paying it in 2004 which is within the 6yr period,
Should I hand over to fos icon

Sean

Similar Threads:

**cokezero** · 8th December 2007 16:22

Originally Posted by barcaboy

Hi all,
I have requested Lloyds icon

pay me back my PPI premiums plus 8% interest icon

on 3 seperate loans.
They agreed to 2
But the 3rd are saying because I started this one in 1999, Its over the 6 yr period,
Although I finished paying it in 2004 which is within the 6yr period,
Should I hand over to fos icon

Sean

I am sure there is a thread on this and it may be that the 6 years icon

start from when you knew about the issue. I hope I dont confuse the issue but rather gives you something to look for in relation to your question. Also the 6 years may not apply if the issue is over a mistake or concealment.

Cheers

**ukaviator** · 8th December 2007 16:44

That's right. The clock starts from the time you became aware of the problem. Also in any correspondance and this, you should refer to S.32 of the Limitation's Act 1980. This section here is what you should refer to:

32.--

(1) .... where in the case of any action for which a period of limitation is prescribed by this Act, either-
- (a) the action is based upon the fraud of the defendant; or
- (b) any fact relevant to the plaintiff's right of action has been deliberately concealed from him by the defendant; or
- (c) the action is for relief from the consequences of a mistake;
the period of limitation shall not begin to run until the plaintiff has discovered the fraud, concealment or mistake (as the case may be) or could with reasonable diligence have discovered it. ....
(2) For the purposes of subsection (1) above, deliberate commission of a breach of duty in circumstances in which it is unlikely to be discovered for some time amounts to deliberate concealment of the facts involved in that breach of duty. . . .

Hope this makes it clearer for you. . .

Uk

**alanfromderby** · 8th December 2007 17:45

To be honest you can get them most ways on the limitation issue as there are arguments over concealment and fraud as well. For more information have a look in the stickies.

The only problem is that the FSA may not deal with a claim that is outside the time limit as they have different rules. If they do turn it down, you can of course go through the court instead.

Thread: 6yr Period lloyds

Thread Tools

6yr Period lloyds

Re: 6yr Period lloyds

Re: 6yr Period lloyds

Re: 6yr Period lloyds