Tags:
bank,
claims,
credit,
insurance,
insurance claims,
loan,
mortgage,
payment protection,
PPI, Posted in:
insurance claims, Author: Paul Myers (June 15, 2010)
The Financial Services Authority (FSA) has revealed new plans to extend the deadline to consumers who have made a complaint about surrounding the mis-selling of Payment Protection Insurance (PPI) policies.
Tags:
bank,
claims,
credit,
insurance,
insurance claims,
loan,
mortgage,
payment protection,
PPI, Posted in:
insurance claims, Author: Paul Myers (June 11, 2010)
The financial world has suffered heavy losses over the last few years as we all know through the global economic downturn. And just as the UK banks thought it couldn’t get much worse, thousands upon thousands of the UK population started to get wise about a new scandal, commonly known as Payment Protection insurance (PPI).
Tags:
bank,
claims,
credit,
insurance,
insurance claims,
loan,
mortgage,
payment protection,
PPI, Posted in:
insurance claims, Author: Paul Myers (May 29, 2010)
In January 2005 the sale of PPI (Payment Protection Insurance) policies have been regulated by the FSA (Financial Services Authority). The rules set by the FSA are very clear about what firms and advisers selling PPI policies should do at the time the policy is sold to the consumer. Any breach of these rules can see the policy labeled as what is now commonly known as ‘mis sold’ or ‘mis selling’ a policy.