The PPI insurance in itself is not bad but often it is sold under false pretences.

The PPI insurance in itself is not bad but often it is sold under false pretences.

PPI is payment protection insurance. It is an insurance which many people are sold when they take out a loan. It is usually called an 'add on'. Banks or other lenders add it on the loan to protect the borrower from defaulting on the loan. In other words, should the person borrowing the money get

[ read more ]

Payment Protection Insurance Checklist

Payment Protection Insurance Checklist

If you answer YES to any of the questions below, there is a good chance that you were mis sold your Payment Protection Insurance policy. N.B. If you have, or have had, more than one PPI policy in the last 10 years, even if the finance that was covered has now been repaid, you should ask yourself

[ read more ]