We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Unregulated Loan - Portfield Finance

Options
Me and my husband took an unregulated loan in 2005, we have now been told that this was an unregulated loan sold to us by Portfield Finance who told us they were part of the Paragon group, Portfield are no longer trading and we need to put a mis-selling complaint in, we have tried Paragon and they cannot help, has anyone got any ideas on who we can complain to.

thanks

Comments

  • iolanthe07
    iolanthe07 Posts: 5,493 Forumite
    Why do you think it was missold? At that time, iirc, loans over £25,000 were not regulated; how much was it for? You can complain to the financial ombudsman, but you do need sound grounds for a complaint to be successful.
    I used to think that good grammar is important, but now I know that good wine is importanter.
  • James_B.
    James_B. Posts: 404 Forumite
    You can complain on here if you just want to get it off your chest.

    If you were going to go on and try to request compensation, then that's not going to happen, as the company from whom you'd have tried to claim seems to have died.
  • On what basis do you think it was mis-sold?
    Thinking critically since 1996....
  • dealer_wins
    dealer_wins Posts: 7,334 Forumite
    Very apt user name lol
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.