Payment Protection Scam

gibby

HI all

I thought this may help.


talking to Northern Rock today with a friend about the possibility of a loan and they were very insistant on my friend taking payment protection at over £80 a month.

I questioned this and the operator went into read it off the screen mode "as a repsonsible lender etc etc"

I questioned again if my friend had to take this and I couldnt get a straight answer.

So I said we would look elesewhere and the operator agreed to do the lon with the PP.

The to my surprise - we can sell you another PP policy for £20 a month - would you want this insted of the £80

Thats £720 a year difference.

I know we get get ASU much mcuh cheaper.

Beware - they may be very cheap on loans but the PP is bacially a scam.


Gibby