barclays/cdl

fez00

hello would it be possible if you could help me i got a barclays cdl in 2004 for 6,000 i did not pay anything back for the first yr as i was unemployed, until today ive paid nearly half back i still owe 2887.10. When i made the agreement i cannot remember if i ticked insurance or not so i can claim any ppl. Also can you tell me what will the best way to pay the rest back quicker and cheaper. my credit rating is terrible i cannot get another loan

MoneySaver1972_2

Barclays will tell you if you have PPI - give them a call.

As to paying it back quicker and if you cannot get existing Credit - then find out what APR you are paying and if there are any early repayment charges if you wanted to get out early.

They maybe able to refinance your loan cheaper and you stand a better chance with them as you are an existing Customer who is at least paying.

Failing that I'd would look at the APR and if extremely high you may still be able to get a better deal elsewhere or if you have savings and no early close charge use that option...