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
    • JDodson
    • By JDodson 22nd Sep 18, 4:44 PM
    • 8Posts
    • 0Thanks
    JDodson
    GE Money
    • #1
    • 22nd Sep 18, 4:44 PM
    GE Money 22nd Sep 18 at 4:44 PM
    Has anyone had any dealings with GE Money?

    I have all of the original paperwork and sent copies with the letter which I downloaded from MSE.
    Finally they have written back saying that they are unable to uphold the complaint because although GE Money provided the finance for the PPI, they did not sell it to us. It was taken out through Grand Vacation (now Diamond Resorts) and that I have to deal direct with them.

    Does anyone any feedback or success from either GVC (Diamond Resorts) or GE?

    Many thanks
Page 1
    • -taff
    • By -taff 22nd Sep 18, 5:55 PM
    • 8,477 Posts
    • 7,070 Thanks
    -taff
    • #2
    • 22nd Sep 18, 5:55 PM
    • #2
    • 22nd Sep 18, 5:55 PM
    They are correct. The seller is liable. If it was sold prior to 2005, your complaint is destined to fail because it would not have been regulated at that time.
    • JDodson
    • By JDodson 24th Sep 18, 10:39 AM
    • 8 Posts
    • 0 Thanks
    JDodson
    • #3
    • 24th Sep 18, 10:39 AM
    • #3
    • 24th Sep 18, 10:39 AM
    I have just won 2 others that were taken in 2000, they weren't with GE though.
    It's interesting that GE let them complete the loan application on their behalf
    Last edited by JDodson; 24-09-2018 at 10:41 AM.
    • Moneyineptitude
    • By Moneyineptitude 24th Sep 18, 10:54 AM
    • 22,317 Posts
    • 11,897 Thanks
    Moneyineptitude
    • #4
    • 24th Sep 18, 10:54 AM
    • #4
    • 24th Sep 18, 10:54 AM
    It's interesting that GE let them complete the loan application on their behalf
    Originally posted by JDodson
    It's perfectly normal for insurance to be sold by third parties, nothing unique or "interesting" about it I'm afraid.
    • dunstonh
    • By dunstonh 24th Sep 18, 10:56 AM
    • 95,364 Posts
    • 62,983 Thanks
    dunstonh
    • #5
    • 24th Sep 18, 10:56 AM
    • #5
    • 24th Sep 18, 10:56 AM
    It's interesting that GE let them complete the loan application on their behalf
    Not at all. Its very common. Car dealers are a frequent example. As are mortgage brokers.
    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.
    • hopewer
    • By hopewer 13th Oct 18, 10:49 AM
    • 12 Posts
    • 0 Thanks
    hopewer
    • #6
    • 13th Oct 18, 10:49 AM
    • #6
    • 13th Oct 18, 10:49 AM
    They are correct. The seller is liable. If it was sold prior to 2005, your complaint is destined to fail because it would not have been regulated at that time.
    Originally posted by -taff
    I just claimed successfully from 1995, though it was settled on behalf of the insurer, and they were regulated.
    • dunstonh
    • By dunstonh 13th Oct 18, 11:06 AM
    • 95,364 Posts
    • 62,983 Thanks
    dunstonh
    • #7
    • 13th Oct 18, 11:06 AM
    • #7
    • 13th Oct 18, 11:06 AM
    I just claimed successfully from 1995, though it was settled on behalf of the insurer, and they were regulated.
    Originally posted by hopewer
    There is a very small window in a very small number of cases where the insurer carries the liability. Estimated to be in single digit number of cases. It requires a commercial relationship of a certain type and for the insurer to be a member of an earlier body. The date you can go back to is the period of their membership.

    Are you saying yours was a GE Money loan or was it a different lender/insurer combination?
    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.
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

3,223Posts Today

7,628Users online

Martin's Twitter
  • Agreed but by marketing it as cough specific people think there's something extra so they buy this rather than gene? https://t.co/hATY3W8Yia

  • Good news for those aggressively criticising this poll and trying to pull it apart. I've just got off a 3 way call? https://t.co/Pu750aktyg

  • a) I dont believe it is misleading b) I don't believe my poll is badly worded, and certainly don't know it is. If? https://t.co/0DduzIaHBk

  • Follow Martin