PPI claim on dissolved company

Hi,


I need advise regarding car finance I took out with a car sales company, that is now dissolved.


In order for me to purchase the car I took out finance, the car salesman advised me that the finance company would only agree to the finance if I took the PPI as well.
At the time I did not require PPI and PPI was not explained to me fully.


I have sort compensation from the finance company, but have been advised by them that I can only claim from the now dissolved car sales, as they sold the PPI to myself.


Cheers


Kev

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
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    They are correct.
  • kevster74
    kevster74 Posts: 7 Forumite
    They are correct.
    Thanks for the reply....


    What options do I have, if any?
  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    First Anniversary Photogenic Name Dropper First Post
    None, if the company no longer exists.
  • amersall
    amersall Posts: 17,005 Forumite
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    edited 16 May 2018 at 9:22AM
    What year did you take this finance out and who were the company?.

    If it was taken out on or after 14th January 2005, you can make a claim through FSCS, they have a list of insolvent companies, if yours is among them, put a claim in.
    If none of the above applies, zx is correct and you can do nothing.
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