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ju5t

HSBC CC automatically pay PPI?

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Hi

 

Do HSBC automatically add PPI to a CC agreement? i do not remember being told about it at the time but is it automatically added as a part of the agreement??

 

Thanks JJ

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No PPI is a totally separate product and cannot just be added to a credit agreement, its not suitable for everyone typically self employed people.

 

PPI has to be explained and agreed to, then they have to send you a copy of the agreement which you have a 30 day cooling off period before it becomes enforceable.

 

pete

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