Payment Protection Plan Guide

A payment protection plan, in short, is a means by which you protect your investment or purchase. In the case of your mortgage, a payment protection plan is insurance you take out to protect you from events that would affect you financially and leave you unable to pay your mortgage. The situations may include events like he lots of your job, illness that leaves you unable to work, or involvement in an accident that leaves you...

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Mis Sold PPI Online Guide

What is mis-sold PPI? Payment Protection Insurance (PPI) is a form of insurance which is taken out to protect the repayment of debt in the case of the borrower being unable to make payments due to being made unemployed, or suffering, illness, incapacitation or death. PPI was mis-sold to millions of people across the UK. PPI is classed as mis-sold if: it was added to a loan product without the policyholder's knowledge; the...

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Payment Protection Insurance: Your Personal Safety Net

If you have ever applied for a loan, a credit card, or some other form of unsecured debt it is very likely that you have been asked to have payment protection insurance (PPI). As a matter of fact, the creditor may have required you to have payment protection insurance (PPI). This is not uncommon in the United Kingdom, especially in today's market. The economy has become increasingly shaky, with people losing their jobs each...

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Payment Protection - An Online Free Guide

In the UK the escalating controversy regarding the wide spread mis selling of Payment Protection Insurance, or PPI, shows no signs of letting up, with figures released last month showing most banks saw a dramatic increase in the volume of complaints in the second half of 2011. Barclays was the unlucky recipient of 'most complained about bank' stigma, although they only 'win' the individual bank award. The worst culprit as a...

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