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dl56uk | 14:49 Fri 10th Jun 2011 | Personal Finance
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I had a bank loan back in 1987 - 90 and i had ppi is it too late to claim it back ?
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Yes, I believe it is too late.
According to the Martin Lewis website: "If your account was still ACTIVE in the last six years you can claim. So a loan taken out eleven years ago, repaid in full five years ago is fine. In rare cases you can go back further."
See more info in the full guide here:
http://www.moneysavin...im/ppi-loan-insurance

On what basis would you be reclaiming. Your claim has to meet certain criteria
Absolutely right factor30. I believe 'jumping on bandwagon' might be a suitable criterion?
I agree, Captain Spod. Another criterion is "with the benefit of hindsight"

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