Trying to reclaim PPI but no real paperwork. Help?

bobbypa

Hi, New to these boards so if my questions have been answered elsewhere, my apologies. Had a quick look but couldn't see anything specific to me.

I purchased a Harley Davidson Motorcycle in 1999 direct from Harley Davidson, however the Hire Purchase agreement was through General Guarantee Finance. The company has since went bust and the only piece of evidence I have is the copy of the sales invoice. I recall being told that the only way I could purchase the motorcycle was if I took out the PPI, so I know that i definitely took it out.

The main reason I am querying PPI is that I am a self employed mechanic and it is now my understanding that self employed workers should never have been sold PPI?

So I am wondering where I go from here? Will it be possible to reclaim the mis-sold PPI without a HP agreement document and the company being bust?
Any help would be greatly appreciated

dunstonh

The main reason I am querying PPI is that I am a self employed mechanic and it is now my understanding that self employed workers should never have been sold PPI?

That is not correct. Most PPI does cover the self employed. However, some do not or some have, what are now considered, onerous terms. It is where it doesnt cover it or has onerous terms that there can be grounds for complaint.

So I am wondering where I go from here? Will it be possible to reclaim the mis-sold PPI without a HP agreement document and the company being bust?

It is pre-regulation (Jan 2005) and you dont have access to the FSCS. Your complaint is with the dealer, not the lender (unless the dealer was an agent of the lender). However, most dealers were not regulated prior to Jan 2005. So, the dealer is likely to say sorry but its pre-regulation. If it was the lender then the lender has gone and that is game over.

At this stage, you complain to the dealer but your odds are tiny.