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Insurance on loans - is it compulsary???

Jase
Jase Posts: 12 Forumite
in Loans
Hi all,

My mum took out a loan with M+S for £5000 - they said because of her age (60) she had to take insurance. Can a bank force someone to take out insurance??

Many thanks in advance

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    no they can't
  • Jase
    Jase Posts: 12 Forumite
    thanks, I thought so too but better double check - are there any threads on going about challenging M+S for possible mis-selling and to cancel the PPI??

    Thank you
This discussion has been closed.
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