Car finance jargon confuses British drivers | The Car Expert (Cora Gardner) Payment protection insurance (PPI), also known as credit insurance, credit protection insurance, or loan repayment insurance, is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill or disabled, loses a job. PPI Mis Selling #ppi_mis_selling #ppi_policy #mis_sold_PPI #reclaim #payment_protection_insurance #ppi #PPI_claims. PPI enables you to insure repayment of loans, overdrafts, credit cards, mortgages and more.
The protection it provides varies dependant on the product you buy.
Payment protection insurance (PPI) was usually sold with products that you need to make But we found that PPI was often mis-sold.
This has all the makings of a mis-selling scandal on the scale of PPI. Deadline fixed for PPI mis-selling claims. The Financial Conduct Authority has begun consultation on The Financial Conduct Authority is due to announce its view on how complaints about mis-sold loan insurance are being handled at the end of the summer.
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