Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • lillibet1963
    • By lillibet1963 11th May 18, 11:23 PM
    • 2Posts
    • 0Thanks
    lillibet1963
    Advice Please
    • #1
    • 11th May 18, 11:23 PM
    Advice Please 11th May 18 at 11:23 PM
    Back in 2010 I bought a car from Carcraft which was financed by Barclays. I have contacted Barclays to reclaim my PPI and they have replied stating that this business has gone into liquidation. This means that we will be unable to look into this complaint any further.
    You will need to direct your enquiry to the Financial Services Compensation Scheme.

    Is this correct or are Barclays just trying to pass the buck?
Page 1
    • dunstonh
    • By dunstonh 11th May 18, 11:48 PM
    • 92,613 Posts
    • 59,931 Thanks
    dunstonh
    • #2
    • 11th May 18, 11:48 PM
    • #2
    • 11th May 18, 11:48 PM
    Barclays have no liability. They didnt sell it to you. Carcraft did. So, they are correct.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
    • antrobus
    • By antrobus 12th May 18, 6:23 AM
    • 15,606 Posts
    • 22,254 Thanks
    antrobus
    • #3
    • 12th May 18, 6:23 AM
    • #3
    • 12th May 18, 6:23 AM
    Barclays are correct.

    Since UK Car Group Limited t/a Carcraft went pop in 2015, any PPI complaint needs to be addressed to the FSCS.

    https://www.fscs.org.uk/what-we-cover/products/ppi/carcraft/
    • lillibet1963
    • By lillibet1963 13th May 18, 12:29 AM
    • 2 Posts
    • 0 Thanks
    lillibet1963
    • #4
    • 13th May 18, 12:29 AM
    Thank you
    • #4
    • 13th May 18, 12:29 AM
    Thank you for clearing that up for me. Will get onto it.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,895Posts Today

4,459Users online

Martin's Twitter
  • It's the start of mini MSE's half term. In order to be the best daddy possible, Im stopping work and going off line? https://t.co/kwjvtd75YU

  • RT @shellsince1982: @MartinSLewis thanx to your email I have just saved myself £222 by taking a SIM only deal for £7.50 a month and keeping?

  • Today's Friday twitter poll: An important question, building on yesterday's important discussions: Which is the best bit of the pizza...

  • Follow Martin