Official figures that have been released by the Financial Ombudsman Service have shown that the level of complaints relating to loan insurance in the UK have been shooting up. (more…)
Tags: PPI, payment protection insurance, Financial Ombudsman Service, loan insuranceLenders and PPI providers have been told by regulators that they will have to stop selling the highly controversial single premium PPI, or payment protection insurance, over the coming months, and providers have now been given a deadline by which they must have ceased selling this type of insurance cover. (more…)
Tags: single premium PPI, PPI, payment protection insurance, loan insuranceIf you have payment protection on any personal loans that you may have made, did you know that you could be paying upwards of £2000 on top of the original debt including the interest? Probably not because the lenders are playing a percentages game with you that includes giving you something in one hand and taking it back from the other, but only more. (more…)
Tags: payment protection, loan insurance, payment protection insurance