There are many people that have credit cards, loans, and other forms of personal finance that will now be thinking about putting in a claim for compensation due to being mis-sold Payment Protection Insurance on their credit cards or their loans. This comes after the recent court ruling that went against the banks, who were [...]
Internet financial giant Egg has found itself at the receiving end of a huge fine relating to the mis-selling of Payment Protection Insurance, after regulators identified serious failings with regards to the sale of this cover. PPI is usually sold alongside loans and credit cards, as well as other types of finance, to protect repayments [...]
Over the past couple of years an increasing number of consumers have become aware of the dangers of PPI, which stands for Payment Protection Insurance. In the past taking out an sort of finance, such as a loan, credit card, catalogue credit, or car finance, involved hearing a lengthy lecture from sales staff over how [...]
Credit cards are one of life’s essentials. From buying groceries to spending a week in the Bahamas, credit cards offer us financial convenience at our fingertips. Our reliance on credit cards means that we can ‘buy now – pay later’, safe in the knowledge that the salary from our jobs can be used to repay [...]
The method adopted by the credit card companies to secure their returns and your interest is known as payment protection.
Tags: Credit Cards, PPI, payment protection
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