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A company called loanmakers (now defunct) but help needed.

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Postdog | 16:27 Fri 15th Jul 2011 | Personal Finance
14 Answers
I'm attempting to claim back mis sold PPI - my loan was with Firstplus, as was the insurance, but it was arranged by a company called Loanmakers who are no longer in business. I tried to do this using one of those firms for this sort of thing, but they basically said Firstplus were passing the buck to Loanmakers, and as such they could no longer help for obvious reasons.

Long story short, I'm now attempting personally by making a claim to the FSC but I have to provide details of loanmakers, and I have nothing. The loan has since been paid off following a house move, prior to which I probably got rid of any loanmakers stuff (didn't think I would need it again), so I need to supply addresses etc.

I've found one in Bolton, which does a quasimodo on me, but I can't help wondering if this was the only one.

Does anyone (maybe someone who unfortunately used them as well) know for sure or any different. I would also be interested to anyone who has made a similar claim (same companies) and any advice they can give.
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If the company no longer exists there is nothing you can do.
If it were easy to track down those firms would jump at it.

In what way were you missold the PPI?
Question Author
oh so you work for the FCS who have advised me I can submit a claim?
Kevin Hindley is the man to trace.
http://www.mortgagest...t-seat/172128.article
Question Author
They are already trading under another neme - I'm looking for info as was. Chances are because of previous complaints details are already known by them but I need to complete the form with what I believe it to be. I'm ffairly certain the Bolton one I have is right, but I was hoping to find someone else who used them.
This is most definitely the company in 2008. Is this the info you need?

http://www.companysea...%28holdings%29%20plc/
Loanmakers Ltd was incorporated on 26/08/1999, as Ikon Financial Solutions Ltd. The name was changed to Loanmakers Ltd on 01/06/2000. The company was dissolved on 03/05/2010. The company number was SC199252. The company's registered address was:
4 Atlantic Quay,
70 York Street,
Glasgow,
G2 8JX

Loanmakers (Holdings) plc was incorporated on 04/02/2005 as Hallco 1151 Ltd. The name was changed to DebtMatters Group plc on 09/06/2005, and then to Loanmakers (Holdings) plc on 07/03/2008. The company was dissolved on 17/05/2010. The company number was 05352533. The company's registered address was:
6th Floor,
3 Hardman Street,
Manchester,
M3 3AT.

Loanmakers UK Ltd was incorporated on 21/07/2004, as Keoco245 Ltd. The name was changed to Loanmaker (Holdings) Ltd on 17/02/2005, and then to Loanmakers UK Ltd on 07/03/2008. The company was dissolved on 01/03/2011. The company number was 05186396. The registered address was
Mansell House,
Apsinall Close,
Bolton,
BL6 6QQ.

Source:
http://www.companieshouse.gov.uk/info

Chris
Per Companies House, Loanmakers UK Limited had a registered office in Bolton, but the company was dissolved in March this year.
There were also companies called Loanmakers (Holdings) PLC, with registered offices in Manchester, dissolved in May 2010 and LoanmakersLimited, registered offices in Glasgow, dissolved in May 2010.
Unfortunately there are many companies called Firstplus, but I think that if they are still in existence this is the company name that you should supply the necessary details for the FSCS.
It doesn't matter that the original mis-selling company has gone into liquidation, as General Insurance brokers are being charged thousands of pounds by the FSCS to pay the compensation for a product that the majority of them did not sell, putting many of them in danger of going out of business.
Question Author
Ta for the answers. Still hoping that someone might respond who was in the same situation and same companies, so if so feel free to add with any advice.
I know little about this area but I would have thought that as your loan was with FirstPlus and they required you to have the PPI (through Matchmakers) your misselling claim would be against FirstPlus.
Having said that, if a claims company that makes money from pursuing these claims decides not to pursue it then maybe it is going to be difficult for you.
Good luck.
Do you meet all the criteria regarding dates and reasons why you feel it was mis-sold?
Question Author
As I said, I originally used an agent, and there were reasons why they couldn't proceed. I suspect "wouldn't" applied more, but the advice was to try myself through the official compensation scheme. From what I have seen I am not alone in that, and, subject to filling the forms correctly, I don't see that many problems and am hopeful. That said, it was Firstplus who supplied the loan and insurance so I don't fully understand the rigmarole I have to go through.
Hi- have you had any luck with progressing this, postdog?
hello postdog
i to was told loanmakers had gone bust and am just about to start a claim for my ppi to iv just found out all my old paperwork and some addresses which are as follows.loanmakers 103 rivington house, chorley new road,horwich,bolton,lancashire,bL6 5ue, 01204 478178. firstplus the avenue business park,pentwyn,cardiff,cf23 8ff
i hope these help.
Hi, they are listed as Dissolved but still answer the phone as "Loanmakers".
Loanmakers
First Floor, Sefton House, Northgate Close, Horwich, Bolton, Lancashire BL6 6PQ
Tel: 01204 478178
Hope this helps
hi
I dont know whether you are still seeking information but I have a similar situation. I took a loan out in 2008 with Nemo Personal finance with a policy and I found out years later when trying to make a ppi claim that this loanmakers who I believe were agents for the policy were in another country and so we could not pursue our claim. Years later I now find out that we should have pursued a claim with the help of the Ombudsman. I was fighting the claim against Loanmakers for 3 years and thought that was the end of the matter. The Ombudsman now tell me that Nemo should have dealt with the matter at the time. If you wish to correspond with me anymore you can contact me on [email protected].

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