Yes Car Credit & PPI
Options
Widowmaker_2
Posts: 44 Forumite
in Loans
Hello Forum Guru's.
A few years ago, in a desperate measure, I foolishly took out a Car Loan with 'YES' Car credit. (was less than six years ago)
The money was loaned to me by Welcome Finance.
Although I have lost the actual credit agreement, I am 'reasonably' sure I paid Insurance, which was way over the top.
'YES' car credit have since gone belly up, but can I still claim back my PPI?
and if so, should I send a letter to Welcome Finance?
thanks a million for any advice
A few years ago, in a desperate measure, I foolishly took out a Car Loan with 'YES' Car credit. (was less than six years ago)
The money was loaned to me by Welcome Finance.
Although I have lost the actual credit agreement, I am 'reasonably' sure I paid Insurance, which was way over the top.
'YES' car credit have since gone belly up, but can I still claim back my PPI?
and if so, should I send a letter to Welcome Finance?
thanks a million for any advice
0
Comments
-
yes, the lender is the one to go for. Yes car Credit were acting as a broker in arranging the finance deal but the insurance arrangements are invariably provided by the lender and their own arrangements with a third party insurance provider.I am a former Broker, former IFA and former compliance officer, for my sins.
However, I have since seen the light.0 -
Thank you Peter0
This discussion has been closed.
Categories
- All Categories
- 343.8K Banking & Borrowing
- 250.3K Reduce Debt & Boost Income
- 450K Spending & Discounts
- 235.9K Work, Benefits & Business
- 609.1K Mortgages, Homes & Bills
- 173.4K Life & Family
- 248.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards