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Egg loan and repayment protection
natsplatnat
Posts: 3,033 Forumite
in Loans
Hi All!
I would like to run something passed you if I may? (you are all lovely, so I know you won't mind!)
Back in April 2006 I took out a loan with Egg for £10,700. It was a 'loan to end all my financial woes' - but guess what? As with a lot of people and consoldation loans I carried on spending!!
But that is now all being fixed and I have digressed! :rotfl:
I have just checked online with Egg and noticed that it states....
Original cash loan £10,700
Repayment protection £1,436.17
Now, I took the loan out over the phone and my memory isn't that fantastic but......
Nats x
(ps also posted on DFW forum as well)
I would like to run something passed you if I may? (you are all lovely, so I know you won't mind!)
Back in April 2006 I took out a loan with Egg for £10,700. It was a 'loan to end all my financial woes' - but guess what? As with a lot of people and consoldation loans I carried on spending!!
But that is now all being fixed and I have digressed! :rotfl:
I have just checked online with Egg and noticed that it states....
Original cash loan £10,700
Repayment protection £1,436.17
Now, I took the loan out over the phone and my memory isn't that fantastic but......
- Despite my reckless spending, I have never taken out payment insurance on anything (have always been too tight!)
- Would / should I have received any paperwork relating to the loan?
- Could the repayment protection been added on after the loan was taken out?
- Can I cancel it? Am I right in thinking that this falls into the 'reclaim PPI' category?
Nats x
(ps also posted on DFW forum as well)
start = Wed 19th Nov 2008 £21,225
end = Mon 28th Sept 2015 DEBT FREE!
I love a good plan - it may not work.... but I love a good plan!
end = Mon 28th Sept 2015 DEBT FREE!
I love a good plan - it may not work.... but I love a good plan!
0
Comments
-
sounds like for whatever reason the PPI was mis-sold so start claiming it back asap
and yes you would have at some point received paperwork for the loan0
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