Paragon PPI Mis sold?

[themadhouse]

We have a Paragon secured loan and

 

 

were told we couldnt have it without PPI.

 

 

I wrote to them about it and

 

 

was told I would have to contact my PPI company direct.

 

 

This was news to me because I thought all my dealings were done direct with Paragon and

 

 

I certainly did not employ my own company.

 

 

I have no idea what to do now.

 

 

Can anyone help please.

 

 

It was a very large loan and the PPI adds up to about ten grand not to mention any interest on it as it was all front loaded.

 

 

I dread the interest rates going up.

 

 

Help !

[dx100uk]

probably means the broker

 

 

how did you take out the loan?

if you not got all the paperwork

 

 

I'd get an sar off to paragon

before stuff hits the shredder

[hillards]

We went through this. Although you pay Paragon, chances are the loan was taken out using a broker and you need to look back and chase them for payment. In our case the broker had gone broke so we had to use the FSCS.

 

As DX suggested, if you don't have all the paperwork you need to send a SAR to get copies.

 

Here's our thread, if it's any help: http://www.consumeractiongroup.co.uk/forum/showthread.php?324408-PPI-Paragon-and-eLoan(Twopart-Ltd)-***-SUCCESS-***

[intend]

Another problem - not all covered by FSCS as I found out.