Loan price

wellannoyed

Hello, IDEM brought out my loan from Picture Financial. Does anyone know is there a requirement or a way to find out how much IDEM paid for the loan?

thank you

[Deleted User]

No. .

Apples2

It isn't your concern.

somethingcorporate

What they all said ^^

No you cannot and it's nothing to do with you.

DCFC79

Why would you want to find that out for ?

Look at it this way, IDEM value you as a customer so feel privileged for being a customer of IDEM.

27col

Just as a matter of interest. What do you possibly think that you could do with the knowledge, if by some vague chance, you managed to find out.

Becka38940

If it helps, I think a really rational way to look at it is that you don't ask Tesco what they pay for their Bananas when you take them to the till, and it's no different with a loan. It's purely a business transaction.

dresdendave

27col wrote: »

Just as a matter of interest. What do you possibly think that you could do with the knowledge, if by some vague chance, you managed to find out.

I agree you are unlikely to find out this information but presumably if the loan was in arrears and had been sold on at a knockdown price, the OP would be better informed as to what offer they might accept, if he knew how much the loan had been purchased for.