08 Feb 2016

A question about : PPI claim on an insolvent company ?

Morning Money-savers,

Having had success with Barclays, I came across a (very) old loan with Consumer Loans Company in Solihull...who are now insolvent apparently.

Can I contact the administrators or are there any other options available to me?

I've tried a search but came up with nothing, but feel free to re-direct me if there is a thread running.

Thanks

Mikey

Best answers:

  • See here. However its previous name was NHL Seventh Funding Limited and its business was "Administration of Mortgage Loans".
    I daresay Kingstreet, and probably dunstonh and brokerwise, will recall that NHS was National HomeLoans Corporation - a centralised lender.
    It sold products exclusively through brokers.
    However, it closed to new business very many years ago - the early 1990s, if I recall correctly.
    So I think it most unlikely that you would be able to make a successful complaint.
  • Hi,
    I am in the process of trying to claim a mis-sold PPI policy from a Broker that ceased trading in 2004. The FSCS have informed me that as the claim is prior to 2005, I cannot claim through them.Anyone offer some advice or help on how I can progress or is it the end of the line?
    I have already went through the FOS - TWICE!
    Thanks in advance.
    kippylawkid
  • Thanks for this dunstonh.
    To explain, the claim relates to 2 policies taken out against a Barclays mortgage in 2003. I have tried the FOS twice after Barclays and the 2 insurance firms denied all knowledge of the policies. I have just established who the broker was that sold them. Unfortunately they are not trading. Despite both firms acknowledging the policies were mis-sold, I cannot claim a penny back.
    Sick as a parrot.
    kippylawkid
  • Wow thank you for such speedy and useful responses all.
    As my loan and PPI was well before 2005, I'll give up on this one.
    Mikey
Please Login or Register to reply to this topic