loan 'other' insurance?

sarah_b_2

hi,
i am currently revamping my finances after getting my first wage and have been looking at my HP agreement for my car. its says that i have insurance and i am paying £50 a month for it. its says its 'other' insurance.
!!!!!! is this insurance lol? is it PPI? if it is, i have been totally miss sold it! i had no idea that i had insurance on it in the first place. the guy who sold me the agreement was very 'sly' in the way he worded the APR and costs of credit checking and stuff so i am not suprised.
sarah

CHR15

might be GAP insurance

maxdp

sarah_b wrote: »

hi,
i am currently revamping my finances after getting my first wage and have been looking at my HP agreement for my car. its says that i have insurance and i am paying £50 a month for it. its says its 'other' insurance.
!!!!!! is this insurance lol? is it PPI? if it is, i have been totally miss sold it! i had no idea that i had insurance on it in the first place. the guy who sold me the agreement was very 'sly' in the way he worded the APR and costs of credit checking and stuff so i am not suprised.
sarah

Hi There

If you are not sure ring and ask. If it was insurance they must have sent some other documentation to back this up. Hope you get this sorted.

sarah_b_2

CHR15 wrote: »

might be GAP insurance

no its not that. he wanted me to pay £350 upfront for that and wanted it within 14 days which i didnt want to do.
im going to ring them tomorrow and its getting cancelled. no way am i pay for that and its says you can cancel on the agreement but it doesnt say what it is.
thanks for the advice