Payment Protection Insurance Complaint »

When you take out a car loan, you can also opt to have car loan insurance, or some lenders require that you get it in order to obtain the loan. This is because they want some assurance that you will be able to repay it. Car loan insurance cover is a good way of protecting yourself and your family if you are unable to work in the event of an accident, sickness or redundancy.

A monthly premium is added to your car loan insurance payments but before you decide to go for this option, you will be asked to choose the level of cover that you want:

  • Full comprehensive cover which will usually offer such features as life cover, accident, sickness and involuntary unemployment (or critical illness cover if you are self employed)
  • Mid range option generally offers life, accident and sickness cover
  • Basic protection will provide cover for life and critical illness only

While car loan insurance can provide peace of mind should you become unable to work, it is advisable to make sure you know exactly what you are getting before you agree to a policy.

If you feel that you have been treated unfairly or were mis-sold car loan insurance, you can get help reclaiming the money on a no win-no fee basis by filling in our short enquiry form.

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LenderMin - Max LoanCredit HistoryAPRTermApply
Derbyshire Personal LoanGood6.00%1 to 5 YearsGet Quotes >
Loans from £7,500 to £14,999. Fixed monthly payments and no set-up charges. Representative Example: Borrow £10,000 over 49 months at a Representative APR of 6.0% paying £229.88 a month will result in a total sum of £11,264.12 over the loan term.
Tesco Personal Loan 6.10%1 to 5 YearsGet Quotes >
Loans from £7,500 to £14,999. Fixed monthly payments and no set-up charges. Representative Example: Borrow £10,000 over 60 months at a Representative APR of 6.1% paying £193.02 a month will result in a total sum of £11,581 over the loan term.
Personal Loan 6.10%1 to 5 YearsGet Quotes >
Borrow £7,500 - £15,000. Representative Example: Borrow £10,000 over 62 months at a Representative APR of 6.1% paying £194.94 a month will result in a total sum of £11,696.40 over the loan term.
£7,500 - £14,999Good6.80%1 to 5 YearsGet Quotes >
6.8% APR or an Exclusive rate of 6.3% for existing customers. Loans of £7,500 - £25,000 for 1-5 years. Representative Example: 6.8% APR Representative (fixed). Based on an assumed loan amount of £10,000 over 49 months at an interest rate of 6.8% p.a. (fixed). Monthly repayment £233.36. Total amount payable £11,434.64. (fixed). b>
£7,500 - £14,999Good6.90%1 to 5 YearsGet Quotes >
Loans from £7,500 to £14,950. Rates fixed for the lifetime of the loan. Instant decision online. Representative Example: Borrow £10,000 over 48 months at a Representative APR of 6.9% paying £240.41 a month will result in a total sum of £11,539.68 over the loan term.
£7,500 - £14,999Good6.90%1 to 5 YearsGet Quotes >
Loans from £7,500 to £14,950. Available to existing RBS current account customers only. Rates fixed for the lifetime of the loan. Representative Example: Borrow £10,000 over 48 months at a Representative APR of 6.9% paying £240.41 a month will result in a total sum of £11,539.68.

Fair Investment Company is independent and provides a selection of some of the leading loan deals available. Our service does not compare or contrast all of the loan deals currently available in the market. Our address is; Kings House, 14 Orchard Street, Bristol, BS1 5EH. If you would like to arrange any of the products shown in the table please click on the “Apply” link which will take you to the provider’s website where you will be able to view further details of the product and apply online.