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PPI from 27years ago
jojoBOB
Posts: 7 Forumite
My hubby bought a camcorder approx. 27years ago. At the time he would have been 17. He eventually defaulted on payments and in the end ended up with a CCJ. He would have definitely been given PPI. I'm not sure if he should have even been given the loan as he was only 17?? Trouble is he doesn't remember who the loan was with and obviously has no paperwork. Can anyone give me some advise if it's possible to pursue a claim?
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Comments
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Nothing without knowing who sold it to him.
Even if you did, the chances of anyone having paperwork are zero.0 -
He doesnt know who it is with/
He doesnt know if he had PPI
He defaulted. So, even if he complained to the right place and they found he had PPI and they then decided it was mis-sold, they could use the redress against the debt he failed to repay.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
You can't say this with any certainty.He would have definitely been given PPI.
Regardless, even if you still had full documentary evidence of the finance, the Lender could and would offset any redress against monies not paid as a result of the default. This would likely leave him with nothing.
Being 17 at the time is irrelevant, therefore.
Time to move on from this...0 -
Hey Ho, was worth a try.
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