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Credit Protection Loan

Posted on March 6, 2010.
Credit Protection LoanIf I cancel my loan credit card protection.?

I pay exorbitant rates for my coverage of loans by credit card. If I cancel, can I get a refund as I did for my Personal Loan (Lloyds TSB)?

Yes, it can be refunded if it can be shown to have been mis-sold to you, which seems likely because of your personal loan. In fact, if they were taken before 1 April 2007, they may be legally annulled completely. The www.bdebtfree.info site can help you with what to do next.

You will not get the refund you have to pay for the coverage you've been doing.

However, unless you could lose your job, it is an expensive luxury (or waste of money depending on your point of view!).

You'd better use the money to pay the debt, and then you do not need protection!

No refunds. Credit insurance is a total waste of money. He is pure profit for the credit card companies.

I would like to keep as you never know, you may need it as the way things are going if you can not pay your card, it can help

no refund. but do it anyway

yes

not ... and you can see that you linked a few months

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