Overdraft cover

[dandock]

Hello

 

Great job everyone. So good to see that there are so many like-minded beings out there.

 

A couple of years ago I needed to extend my business overdraft. The bank, NatWest, agreed to the increase on the proviso that I took out insurance cover with them. (They already held - and still do - a second charge)

 

Does the policy come under the same flag as PPI and can it be dealt with in the same way?

 

Also, I had previously had two business bank loans both of which were covered (supposedly) by PPI. Albeit they finished several years ago, do they still come under mis-selling and as such are they reclaimable?

 

Thanks, Dandock

[hedgey06]

Hi Dandock, welcome on board

 

PPI isn't an area that I'm too familiar with. However, I'll ask for your thread to be moved over to the PPI forum as you'll get plenty of support and advice over there.

 

In the meantime, you may also find it useful to have a look through some of the business threads in the Nat West forum as well - there may be some information on the threads that could help you with your 'business relationship'(!) with Nat West.

 

Best of luck x

[rory32]

Moved to PPI forum