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welcome finance - lifecare 24 & personal accident plan
Hi everyone x
I took out a loan with Welcome Finance in June 2008 for £750 over two years, however Welcome Finance contacted me in October 2008 asking if I wanted to consolidate my loan, which I did, taking a further £1500.00.
However I have been informed by FSCS (I made a claim for mis sold PPI) that I had PPI on the £750.00 loan and not the £1,500.00 loan, which made me question why I have insurances for Lifecare 24 and personal accident plan, (I did not ask for these as I am well covered through my pension plan through work) which are £410.00 in total and credit for the insurances are £1398.00, sorry its a bit long winded.
I contacted FSCS and asked if the insurances stated above are PPI, and they have told me they are not!!! totally confused by it all.
Amy advice greatly appreciated.
I took out a loan with Welcome Finance in June 2008 for £750 over two years, however Welcome Finance contacted me in October 2008 asking if I wanted to consolidate my loan, which I did, taking a further £1500.00.
However I have been informed by FSCS (I made a claim for mis sold PPI) that I had PPI on the £750.00 loan and not the £1,500.00 loan, which made me question why I have insurances for Lifecare 24 and personal accident plan, (I did not ask for these as I am well covered through my pension plan through work) which are £410.00 in total and credit for the insurances are £1398.00, sorry its a bit long winded.
I contacted FSCS and asked if the insurances stated above are PPI, and they have told me they are not!!! totally confused by it all.
Amy advice greatly appreciated.
