We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

overdraft insurance

Several years ago I applied for a overdraft on my business account with LloydsTSB, the manager insited I take out an accident policy or I would not get the overdraft. Anybody have any idea if this is classed as missold PPI. Thanks

Comments

  • maxdp
    maxdp Posts: 3,873 Forumite
    Peter130 wrote: »
    Several years ago I applied for a overdraft on my business account with LloydsTSB, the manager insited I take out an accident policy or I would not get the overdraft. Anybody have any idea if this is classed as missold PPI. Thanks

    Yes if you were told that you could not have the overdraft unless you bought the insurance as well. Have you cancelled the insurance now?
    :mad:
  • Thnaks. I have cancelled this now. This goes back many years, when my business became quiet and I stopped using business account this was transferred to personal account. I am still chasing LloydTSb for unfair charges.
    Peter 130
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.