Cedar Holdings PPI

[jonnyk]

Hi guys,

 

I've done some googling but don't seem to find any clear guidance...

 

My parents have details of a large loan taken out in the 90s with PPI added at £100 per month over 5 years.

 

 

The loan was through Cedar Holdings who I believe have since been acquired by Lloyds / Black Horse.

 

 

My parents were not in need of this PPI, this was missold.

This would be a sizeable claim.

 

 

Is there any avenue for redress?

 

Would really appreciate some advice from this fantastic community!

 

Thanks in advance for any help offered.

 

JK

[dx100uk]

yes sure you can reclaim it

 

 

what paperwork do you have?

 

 

dx

[jonnyk]

Ok - sounds promising....

 

My mum has said that she has the original paperwork detailing the £100 / month PPI.

 

I was unable to find too much regarding PPI claims against Cedar Holdings, just people in similar positions to my parents' who were unsure where to address the claim. Some people had suggested that because the loan was taken around 1994ish that she would be unable to claim.

 

My mum had rang Lloyds and they denied accountability for the PPI.

 

Should she go directly to the FOS?

 

Thanks again for any advice:-)

[theoldrouge]

Likely loan was arranged via a broker such as HFS Loans

 

Let's see the paperwork minus personal details

[dx100uk]

put all the pix into a word doc first

then pdf that

then upload

 

 

dx

[jonnyk]

Hi guys,

 

Finally managed to get to my parents' and dig out their paperwork. Please see the attached file.

 

Does this look like anything that could be progressed?

 

Any contributions appreciated.

 

JK

 

The very top of the doc says Rugby Finance Ltd.

 

'Credit Agreement Regulated by the Consumer Credit Act 1974

 

Lender: Cedar Holdings Ltd

 

Total Loan 27306 paid by 180 payments of 442.10

 

PPI 2255 repayment of 180 monthly amounts of 36.51

 

Cash advance 180 payments of 405.39

 

APR% 19.7

 

signed 15 May 1991.

 

Hope this helps with any advice.

 

Cheers,

 

JK

 

Thanks!

 

Think this should show ok now...

[jonnyk]

the attachment is now showing pdf with good resolution to be able to read the text.

 

Thanks