I am in a similar situation. In 2003, Loanmakers set up a loan for me on behalf of Paragon Finance, which included a forced sale of PPI as a condition of approval. Loanmakers went bust in 2009, and are without doubt responsible for the illegal sell of the PPI. I complained to Creditflex who acquired the Loanmakers name last year, although they have since changed again to Gopher Finance. They of course accept no responsibility and suggested I claim against Paragon (the lender), which I did. Paragon also accept no responsibility, blaming Loanmakers entirely and suggest I claim through the FSCS. However, I am not so sure of Paragon's innocence. Yes I agree that the bankrupt broker missold the PPI to gain a higher commission, but at the end of the day it is Paragon that benefited from the inflated loan repayments as a result, whether they were aware or not. Money was paid to them unfairly, regardless of who set the loan up and in my eyes it is them who should pay it back now that the problem has been exposed. I do not blame Paragon for misselling the PPI, as they did not. I do blame them for keeping my money now that the truth has been revealed. Do I press on with my pursuit of Paragon, do I contact the FOS, or do I contact the FSCS?

I got caught up in this ridiculous [problem] this week. Here is a copy of the letter I sent out to them yesterday: 6th June 2010, Ref: Parking Charge No – ****** Dear Valley Enforcement Ltd, Not that you probably care, but this is a letter of complaint for the unscrupulous way your parking attendants are attempting to gain money via commission from law abiding citizens by targeting their vehicles as they queue for their pay and display ticket. On 1st June 2010 I parked at my local retail centre to visit Argos. Whilst queuing at the ticket machine I chatted to other motorists and obtained my ticket. I then noticed somebody photographing my car. When I went over to investigate, your agent said I was not displaying a ticket in my vehicle. I explained that I had only arrived a few minutes ago and showed him the ticket that I had moments earlier got from the machine. “How can I display a ticket unless I leave the vehicle to go and get a ticket from the machine” I asked. He appeared sympathetic but said the penalty notice had already been written out and that I must now appeal. I enclose a copy of the issued penalty notice and valid Pay & Display ticket which is clearly marked 1 minute before the penalty notice was given. I have knowledgeable friends in high places and I know that legally you do not have a leg to stand on in this instance so I trust this will be the end of the matter. Should I receive any further correspondence relating to this matter from either yourselves, a debt collector or solicitor, then rest assured it will be filed in evidence for my potential unlawful harassment case against you so do yourselves a favour and save yourselves the postage. You will receive nothing from me and no amount of threatening letters is going to change that. I’m not even providing my name or address. If you want to waste money by requesting it from DVLA from my registration details then by all means go ahead. It’s your money. Just know that this is the one and only piece of correspondence you will receive from me, which I begrudge paying the cost of a stamp for. I will waste no more of my money or time on your desperate [problem]. Yours, Disgruntled Victim.