Thread: How far back can u claim PPI

Hi all just a quick query - how far back can you claim PPI on a loan, a friend in work her husband took out a £5000 loan around 18 years ago and paid PPI can they claim this back? She thinks it was with Halifax?

Just curious


Cheers

It would be a really uphill battle: as being past the 15 year long stop is legally problematic and evidentially a nightmare: but the fine workings of the limitation act are such that it may not be impossible.

For an example of the principle that an otherwise long statute barred claim may be actionable because of s.32: see COTTRELL v. LOCK & Others [1997] EWCA Civ 1787. (even though on the facts, Mrs. Cotterell apeal was dismissed).

For a digestable summary of Limitation principles : see "Limitation of Actions"