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Fscs

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  • marshallka
    marshallka Posts: 14,585 Forumite
    Click again

    http://www.moneymarketing.co.uk/protection/click-closure-costs-ageas-%C2%A356m/1027409.article

    http://www.moneymarketing.co.uk/protection/ageas-to-carry-on-paying-indemnity-after-%C2%A35m-hit/1028040.article

    It mentions Click as "non advised".....

    Money Marketing revealed last May that Fortis Life, which rebranded as Ageas Protect in January, was owed £900,000 in clawback by non-advised protection firm Click
  • aberdeen1
    aberdeen1 Posts: 9 Forumite
    How dare he, lets hope that he doesn't open up another financial resouce after his 3rd liquidation. Something should be done about him.
    He sold me a useless PPI amounting to #11.000 for 5 years of the 10 year loan. We were never told how much it would cost, how long the protection would be. Click said that it was an intergral part of the loan, that we had to have it because the loan was for #40.000 We just accepted as we knew nothing about PPI.
    We now realise that we didn't need it, we both get paid from work if ill, and are covered for critical illness and death by our mortgage.
    We were not given the choice at the time. Had we known then what we know we wouldn't have taken it, it was not necessary.
  • di3004
    di3004 Posts: 42,579 Forumite
    aberdeen1 wrote: »
    How dare he, lets hope that he doesn't open up another financial resouce after his 3rd liquidation. Something should be done about him.
    He sold me a useless PPI amounting to #11.000 for 5 years of the 10 year loan. We were never told how much it would cost, how long the protection would be. Click said that it was an intergral part of the loan, that we had to have it because the loan was for #40.000 We just accepted as we knew nothing about PPI.
    We now realise that we didn't need it, we both get paid from work if ill, and are covered for critical illness and death by our mortgage.
    We were not given the choice at the time. Had we known then what we know we wouldn't have taken it, it was not necessary.

    Hiya

    Sorry you have had issues as well, when/what year did you take out your loan?
    Just asking in case the FSCS can help in your case.
    The one and only "Dizzy Di" :D
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