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Parcel delivery insurance is prohibited under section 57 – Consumer Rights Act – Read about It Here and in The Times.

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  1. thelightbrigade
    I am trying to help a relative with their finances and came across an old Barclays business loan, it was an overdraft converted to a loan, the documents show an insurance premium of about 1300. I assume this is PPI but cant find any policy documents, it is just a summary letter with loan amount plus premium at 16% The loan was settled some years ago when their situation picked up. How do I clarify if this was PPI? and can this be claimed back? and if so how does the interest work? The loan was taken out in about 2000 and paid in full in 2003, but dates need to be confirmed

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