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can i cancel it?
shezzy
Posts: 104 Forumite
When we took out our car finance with blackhorse on behalf of carcraft we took out the ppp which was £1,900 over 5 years which they added onto the finance, is there any way i can cancel this now or is it to late?
shezzy
shezzy
0
Comments
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hey!!
Have you checked out the article on the main site about reclaiming the loan insurance?
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance
I think it's quite good
xxxLBM : August 2007my debts: less than this time last year....!DFW Nerd Club #706I'm Proud To Be Dealing With My Debts
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hi tried that, they did'nt miss sell it to us as we agreed at the time, just wondering if we can cancel it and get some money back?
shezzy6220 -
I think you can cancel most finance insurance packages that are sold with loans, but obviously you would lose out on the money that you have already paid them-why not give them a call and ask what their cancellation policy is?
Mention that you have been reading up on PPI recently in the papers, and no longer think you need it-they've had a lot of bad press of late (quite rightly).0 -
I cancelled mine with my egg loan, didn't claim any back but cancelling it was easy.1.Virgin CC: [STRIKE]£9432.00[/STRIKE] £10290.00
2.RBS CC: [STRIKE]£3254.62[/STRIKE] £3029.61
3.M&S CC: [STRIKE]£1262.11[/STRIKE] £464.95
4.Next: [STRIKE]£400.00[/STRIKE]. £280.00
TOTAL = [STRIKE]£14348.73[/STRIKE] £14064.560
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