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  • FIRST POST
    • kevster74
    • By kevster74 16th May 18, 8:36 AM
    • 7Posts
    • 0Thanks
    kevster74
    PPI claim on dissolved company
    • #1
    • 16th May 18, 8:36 AM
    PPI claim on dissolved company 16th May 18 at 8:36 AM
    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
Page 1
    • zx81
    • By zx81 16th May 18, 8:47 AM
    • 18,592 Posts
    • 19,846 Thanks
    zx81
    • #2
    • 16th May 18, 8:47 AM
    • #2
    • 16th May 18, 8:47 AM
    They are correct.
    • kevster74
    • By kevster74 16th May 18, 8:51 AM
    • 7 Posts
    • 0 Thanks
    kevster74
    • #3
    • 16th May 18, 8:51 AM
    • #3
    • 16th May 18, 8:51 AM
    They are correct.
    Originally posted by zx81
    Thanks for the reply....


    What options do I have, if any?
    • zx81
    • By zx81 16th May 18, 9:01 AM
    • 18,592 Posts
    • 19,846 Thanks
    zx81
    • #4
    • 16th May 18, 9:01 AM
    • #4
    • 16th May 18, 9:01 AM
    None, if the company no longer exists.
    • amersall
    • By amersall 16th May 18, 9:10 AM
    • 15,281 Posts
    • 18,883 Thanks
    amersall
    • #5
    • 16th May 18, 9:10 AM
    • #5
    • 16th May 18, 9:10 AM
    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.
    Last edited by amersall; 16-05-2018 at 9:22 AM.

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