Finance Talk

I have just taken out a new loan with my bank.

They suggested that i considered loan insurance.

I never buy anything like this but with things as they way they are i guess i better have a look.

Where should i start?

Jingle Bells

Jingle Bells,

The insurance you need is called many different things ASU, payment protection, income protection etc.

When buying this type of insurance shopping around is very important.

Our partner British Insurance is very competitive but it is still best to check elsewhere as well.

You can reach british insurance here > https://protectiononline.co.uk/index.asp?siteID=584

Cheers,

BB

If this is payment protection insurance they are trying to sell you then you will be interested to know that Barclays, Natwest, HBOS and the Coop are scrapping these controversial insurance policies at the end of the month. Why? Because thousands of consumers have been mis-sold PPI policies by banks and in turn have received thousands of pounds in compensation. What was a money making cash cow for banks is now biting them on the backside.

If you are taking a debt consolidation loan out, beware of some pitfalls. Read here.

https://debts.org/loans/debt_consolidation_loans/