10 Feb 2016

A question about : Avco Trust PPI

Had two loans with Avco from the late 1980's/ early 1990's which had PPI applied to them. Redeemed the second loan early and received a small refund of the PPI in settlement. Have claimed and gone through FOS as got nowhere with Avco or Citibank. The underwriters were Cornhill Insurance who were taken. Over by Allianz. Has taken two years but Allianz have accepted responsibility and received a call today from FOS to say an offer letter with calculations is going to be placed in the post. All had to do was provide proof othe insurers who underwrote the PPI and luckily had kept all the loan paperwork. Proof will be in the pudding when and if the payment is made!

Best answers:

  • Hi there was wondering if you could help. I have been trying to pursue Citi financial previously Avco trust in relation to mis sold ppi and have been told as I don't have paperwork they cannot trace anything. The loans were the same sort of time as yours. 1990s. I have been told I can only pursue the underwriters of the ppi policy. I note you say cornhill were involved. Do you have contact details for them as I may be able to contact them direct.
    Thanks
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