Claiming PPI on a company that is no longer trading

alfadaz

I took out a loan with GE Money in 2007, the loan is still ongoing, but has since been transferred to Prestige Finance.


A few years ago i rang GE Money to try and make a claim back on missold PPI.


I was told i was missold the insurance, but as the underwriters were no longer trading, i couldnt make a claim against them. I just left it at that. Is this correct?



Recently I got a cold call from a PPI claim company and i said i had tried to make this claim blah blah, but couldnt as they were no longer trading.


They told me that i would still be entitled to claim. Is this the case or are they just trying it on?


Having read the forums, i wouldn't use a PPI claim company, but complete the forms myself, but don't want to waste my time if i clearly cant make a claim.


Thanks


Darren

[Deleted User]

There's no claim.

You can make a mis selling complaint to whoever sold you the policy.

alfadaz

GE Money sold me the policy at their office.


Is it worth making a mis selling complaint to them? Would i be likely to be reinbursed any monies?


Thanks


Darren

-taff

They may have misunderstood and thought you wanted to make a claim, not a complaint.
Send a complaint to them.


You have to make a complaint about missellig of PPI not a claim. GE money were not regulated then but you may get lucky with a goodwill payment.

Nasqueron

If you did actually complain back then and got rejected (particularly if there was mention of the FOS) then this will be time barred