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Lloyds PPI claim accidently through CMC

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Comments

  • takman
    takman Posts: 3,876 Forumite
    1,000 Posts Combo Breaker
    As for his PPI - this could be a whole new forum as to why they should teach children about banking and credit cards at school so they know what they are agreeing to at the age when they can get one. The loan was suggested by the bank manager to 'consolidate' his credit cards and came with a pre ticked PPI box... But then again you wouldn't know this as obviously your were far superior and clever at the age of 20.

    I definitely wouldn't say you need to be "far superior and clever" to just take your time and understand what you are signing up to!.
    I had my first Credit Card at the age of 19 and when I applied for it I had the option to take out PPI. I had never heard of it before so I took a little bit of time and found out what it was. I then decided I didn't need it and chose not to have it.
    You don't need any special skills to read something before you sign it and if you don't understand it then find out what it means first!.
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