I took a personal loan for which I was signed up for a debt protection insurance which I was not aware ofWhen I saw a recurring charge with debt protection, I inquired about itThe loan officer told me it was the interest accrued which was and was monthly payment for the debt protection insuranceI came to know about it after months of recurring payment which I did not authorize and did not wantWhen I informed the management about it, they told me their employee was correct even though I showed them email correspondence inquiring about the debt insurance and he as a loan officer telling me it is the interest on the loan
I took a personal loan for which I was signed up for a debt protection insurance which I was not aware ofWhen I saw a recurring charge with debt protection, I inquired about itThe loan officer told me it was the interest accrued which was and was monthly payment for the debt protection insuranceI came to know about it after months of recurring payment which I did not authorize and did not wantWhen I informed the management about it, they told me their employee was correct even though I showed them email correspondence inquiring about the debt insurance and he as a loan officer telling me it is the interest on the loan