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…)
Posts Tagged ‘loan insurance’
Increase in complaints about loan insurance
Tuesday, April 14th, 2009
Single premium PPI to be stopped soon
Friday, April 3rd, 2009Lenders 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…)
Personal Loans Payment Protection
Saturday, January 6th, 2007If 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…)