DCA - Finance Provider

PaisleyJoe

Hi,

Well, found out who the provider was, Raphael Finance and I believe Paragon Bank took over their loan books in 2018. My car finance was from 2014. Because this bank is now closed, I take it there is nothing I can do in regards to the DCA?

DullGreyGuy

PaisleyJoe said:

Hi,

Well, found out who the provider was, Raphael Finance and I believe Paragon Bank took over their loan books in 2018. My car finance was from 2014. Because this bank is now closed, I take it there is nothing I can do in regards to the DCA?

The company isn't closed yet but is in the final stages of liquidation and anticipated to be dissolved in the next 3-4 months according to the liquidator's report. The FCA have put all claims on hold until at least September so timings dont look good.