The Payment Protection Insurance (PPI) plans
have been a controversial topic for some time
now.
The PPI has been effective in various forms
on various loans, credit cards and store cards and
so on for about 15 years now.
It was only recently,
that it has...
More
The Payment Protection Insurance (PPI) plans
have been a controversial topic for some time
now.
The PPI has been effective in various forms
on various loans, credit cards and store cards and
so on for about 15 years now.
It was only recently,
that it has been brought to light of the concerned
government officials that these plans are pure
means of earning enormous profits to the sellers
of the plan.
Most banks and other lending
institutions are making huge profits off the PPI
sales.
In the UK, about an average of 5 billion is
acquired from the current existent PPI plans and
this add up to profits substantially more than what
is earned from loan interests and other charges.
ppi claims
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