Written by admin on September 20, 2010 – 12:01 pm
The Financial Services Authority (FSA) has issued a statement saying it expects 2.75 million complaints about mis-sold PPI between now and 2015. Compensation to customers who have been mis-sold PPI policies is expected to top £4 billion in the next five years.
Could mis-sold PPI become the worst ever personal finance scandal to hit Britain? The [...]
Written by admin on June 25, 2010 – 11:30 am
The bad reputation of Payment Protection Insurance (PPI) could be stopping many customers from protecting their debts.
A report published earlier in the month by consumer money comparison website, Moneynet has shown PPI is in danger of no longer being considered by customers obtaining finance.
PPI has gained a bad reputation due to findings by the Financial [...]
Written by admin on June 16, 2010 – 1:20 pm
PPI stands for Payment Protection Insurance. PPI is usually taken out alongside mortgages, personal loans, credit cards, or when obtaining finance for high value products.