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Loan price

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

Comments

  • No. .
  • Apples2
    Apples2 Posts: 6,442 Forumite
    It isn't your concern.
  • What they all said ^^

    No you cannot and it's nothing to do with you.
    Thinking critically since 1996....
  • DCFC79
    DCFC79 Posts: 40,610 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    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
    27col Posts: 6,554 Forumite
    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 can afford anything that I want.
    Just so long as I don't want much.
  • 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.
  • 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.
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