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Help with bluesky finance ppi claim

Hi everyone,
i need advice on how to go about claiming on missold ppi from this brokers. i took out a welcome finance loan from this brokers in 2007 and i was told i have to buy the insurance to get the loan and because i needed the loan badly at the time i bought the insurance as well. has anyone ever dealt with this brokers with regards to ppi reclaim the telephone number i have for them alsways goes to yes loans please help.

Comments

  • di3004
    di3004 Posts: 42,579 Forumite
    mamag wrote: »
    Hi everyone,
    i need advice on how to go about claiming on missold ppi from this brokers. i took out a welcome finance loan from this brokers in 2007 and i was told i have to buy the insurance to get the loan and because i needed the loan badly at the time i bought the insurance as well. has anyone ever dealt with this brokers with regards to ppi reclaim the telephone number i have for them alsways goes to yes loans please help.

    Hi there

    The main have used brokers who find lenders to provide the loan.

    Its the brokers you pursue in making the reclaim, do you know who yours was? I note you mention Yes loans?

    If so you pursue them as they were the ones responsible for setting up your loan, selling it to you, even though you will have the loan agreement of the lenders.

    Just complete the reclaim questionnaire on step 3 below, keep a copy for yourself as well, send to the main head office of YES Loans if these were your brokers, and allow 8 weeks for a decision.
    Good luck.
    http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance#step3

    In regards of having a loan with your bank, then no broker is required.
    The one and only "Dizzy Di" :D
  • thanks for the reply. my brokers were blue sky personal finance ltd all my attempts to contact this brokers have failed apparently they are no longer trading according to their website. thanks
  • magpiecottage
    magpiecottage Posts: 9,241 Forumite
    1,000 Posts Combo Breaker
    Blue Sky Finance Ltd of Halesowen was dissolved in 2009. A new company of the same name started in Pershore last year but will not be liable for the earlier firm's liabilities.

    However, the earlier company was not on the FSA Register, so it cannot have sold you PPI.

    Consequently, if you had it, you seem to have been sold it by Welcome Finance.
  • I also have loan with welcome finance and my broker was bluesky either phine your account manager if laons still active at welcome finance as they will be able to give you phone number of who will deal with it as thats what i did or if you cant do that it is or it is fscs which is financial services compensation scheme that deal with it as they are only ones who will as i did phone number is 02077414100 hope this helps
  • [Deleted User]
    [Deleted User] Posts: 26,612 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper Photogenic
    Widdy230 wrote: »
    hope this helps
    I doubt the originator of this thread will need your "help", he posted the thread in June 2011 and hasn't been on the forum since

    http://forums.moneysavingexpert.com/member.php?u=1555158
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