🗳️ ELECTION 2024: THE MSE LEADERS' DEBATE Got a burning question you want us to ask the party leaders ahead of the general election? Submit your suggestions via this form or post them on our dedicated Forum board where you can see and upvote other users' questions. Please note that the Forum's rules on avoiding general political discussion still apply across all boards.

consunmer credit and ppi

Options
Hi... I am currently in the middle of claiming PPI from Loan.co.uk and it progressed to the financial ombudsman who have said they cant look at it because of the consumer credit act 1974.... I cannot find anything to explain why not as we know we were mis sold ppi back in 2004

Can anyone shed light on this? Thanks

Comments

  • -taff
    -taff Posts: 14,603 Forumite
    First Anniversary Name Dropper Photogenic First Post
    Options
    You were sold a loan by somene who wasn't regulated prior to January 2005, so the FOS can't get involved, and they [loans.co.uk] can, more than likely, dismiss your complaint.
    Shampoo? No thanks, I'll have real poo...
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 8 Election 2024: The MSE Leaders' Debate
  • 343.9K Banking & Borrowing
  • 250.3K Reduce Debt & Boost Income
  • 450K Spending & Discounts
  • 236K Work, Benefits & Business
  • 609.2K Mortgages, Homes & Bills
  • 173.4K Life & Family
  • 248.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards