June 7, 2010
The controversy surrounding Payment Protection Insurance or PPI mis-selling has accrued a great amount of interest in the past few years, mostly from people who have been unaware for so long of their rights as borrowers. Mis-sold loan and credit insurance can increase your debt by a substantial amount, specifically in cases where premiums incur interest rates which are hidden from borrowers at the onset. A number of institutions have recently been reprimanded for payment insurance mis-selling and many more are being warned. As such, the knowledge on what mis-sold PPI’s are about and how to identify them immediately is proving to be important now more than ever.
