How to do a PPI claim?
Lately in the news you can’t see anything else just the Got talent and the PPI scandals.
It seems that ish
hit the fan and people are outraged that banks have taken advantage of them.
It has started in 2011
when the media revealed...
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How to do a PPI claim?
Lately in the news you can’t see anything else just the Got talent and the PPI scandals.
It seems that ish
hit the fan and people are outraged that banks have taken advantage of them.
It has started in 2011
when the media revealed that many banks have cashed in big time with the PPI claims.
And they were
forgetful enough to not pay back people.
As soon as people heard the news they started filling PPI claim
refunds
What is PPI anyways? PPI in banking terms is a loan protection policy.
This concept was evented in case
of a sudden loss of income.
Let’s say that you take out a loan for 5 years and after 3 years you suddenly
get laid off.
Now if this were the cays then the PPI will cover the loan payments for a while.
This all nice
and dandy but there’s a trick for all this.
PPI means that you have to make a bigger initial deposit and
also some companies have conducted fraudulent PPI allocations.
For example they have asked for loan
protection from people w
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