Archive for the 'ppi' Tag

PPI To be Banned

Good news folks, the Competition Commission has finally grown a set and banned "fear-based" PPI selling: from 2010, lenders will be banned from selling Payment Protection Insurance (PPI) within a week of loans or credit cards.

Plus 'single premium' PPI, where its cost is added to the loan, accruing thousands in interest, will be completely banned.Continue Reading »