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Hi there

 

I had a few loans through Macadam Finance many years ago and I am trying to find out if I had PPI on any of them.

 

I have been in touch with Welcome Finance as I had read somewhere that they had bought them over

but they have emailed me back to say that 'Macadam Finance is not a part of Welcome Financial Services Ltd'.

 

I do not know who to try now and I wondered if anyone knew who I should try or if anyone has had any luck with tracing old Macadam Finance loans.

 

Many thanks in advance

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http://www.consumeractiongroup.co.uk/forum/showthread.php?39947-Nikkiandmidgets-Vs-Welcome(Macadam)-Finance

 

This thread from 2006 seems to imply that they were taken over by Welcome Finance ?

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they were however, I doubt any records exist anymore.

 

did you sent welcome an official SAR request & £10?

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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As I posted on MSE, the FSCS may be able to help. These were responsible for administering PPI complaints for Welcome and for paying out redress.

 

Note that if this is upheld you'll only get 90% of the redress, as FSCS only protects 90%.

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Yes I did see that post before, that's why I thought of contacting Welcome as I knew Macadam had ceased but didn't know where to start searching.

 

No I didn't request a SAR, I just phoned them and they emailed me back. Might send a SAR request but I think I will phone the FSCS first and see what they say.

 

I think the loans are probably too old to find any info on them though as they are all from the late 90's. I have had some other PPI complaints upheld recently so this is why I thought it might just be worth trying to find out about them.

 

Many thanks for your replies and help :)

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