26 Feb 2015

A question about : RBS Overdraft Loanguard

Hi everyone,

I have an old overdraft with RBS that I pay a little off each month, but I have just realised that Ј9 a month is added to my account for loan guard cover...I never even realised. This has been happening each month for at least 8 years.

I have requested this be removed by sending a letter to my bank (locl branch) but the payments still occured.

Can I laim this back as missold PPI?? or does loan guard cover not class as PPI?

I'm also planning on reclaiming bank charges from the same account, will each claim affect the other or is it advisable to wait for one to clear. I will hopefully clear this overdraft off eventually.

hope someone can help

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