It is estimated 85% of customers take out loan protection insurance when purchasing a loan, credit card or a mortgage for redundancy insurance or critical illness cover. However, many customers have purchased loans without realising that payment protection is attached, or have been mis-sold credit cover with their loans, resulting in paying unnecessary insurance.
Posts Tagged ‘mis-sold ppi’
Mis-Sold Payment Protection Insurance – How to Reclaim PPI When Mis-Sold on a Loan Or Credit Card
Posted in Payment Protection Insurance, Unenforceable Loans, Unfair Credit Card Agreements, tagged asu, consumer credit act, critical illness cover, MBNA, mis-sold ppi, misold ppi, missold ppi, Payment Protection Insurance, PPI, reclaim payment protection insurance, reclaim ppi on 16/11/2009 | Leave a Comment »
Credit Issues Debt Challenge Formula Proves A Winner
Posted in In the News, Unenforceable Loans, Unfair Credit Card Agreements, tagged agreement, april 2007, consumer credit act 1974, credit card, credit issues, loan, mis-sold ppi, natwest, Payment Protection Insurance, rbs, true copy, written off on 22/04/2009 | Leave a Comment »
Credit Issues continues its recent run of success in challenging credit card and personal loan balances through the mechanism of requesting “true copies” of the original credit agreements with lenders on behalf of its clients.
Reclaim Payment Protection Insurance | PPI Reclaim
Posted in In the News, Payment Protection Insurance, tagged mis-sold ppi, Payment Protection Insurance, PPI, reclaim ppi on 08/02/2009 | Leave a Comment »
Almost 1.3 million people mistakenly believed that taking out PPI would improve their chances of being approved for a credit card, according to new research carried out by Which?
Write Off Credit Card and Loan Debt
Posted in In the News, Payment Protection Insurance, Unenforceable Loans, Unfair Credit Card Agreements, tagged consumer credit act, credit card, fees, inappropriate execution of agreements, loan, mis-selling ppi, mis-sold ppi, miscalculation of apr, non disclosure of commissions, non provision of prescribed terms, Unenforceable Loan, write off credit card, write off debt, write off loan on 08/02/2009 | Leave a Comment »
The Consumer Credit Act sets out very strict guidelines for the content and format of all Credit Card, Loan and other Financial Agreements, that must be followed by all Lenders in this Country. Write Off Debt under the Consumer Credit Act.
Brits warned to avoid credit card PPI
Posted in In the News, Payment Protection Insurance, tagged consumer credit mis-selling, mis-sold payment protection cover, mis-sold ppi, reclaim payment protection insurance on 11/01/2009 | Leave a Comment »
Consumers have been urged not to take out payment protection insurance (PPI) on credit cards, after research found that millions of people mistakenly believe it will improve their chances of being approved for credit.
PPI Mis-Selling and Unenforceable Loans
Posted in Payment Protection Insurance, Unenforceable Loans, tagged consumer credit act 1974, mis-sold ppi, Payment Protection Insurance, Unenforceable Loans on 09/11/2008 | Leave a Comment »
Payment Protection Insurance Mis-Selling and Unenforceable Loans are becoming increasingly common with the issues we all face with the credit crunch.
Alliance & Leicester fined £7m for misselling PPI
Posted in In the News, Payment Protection Insurance, tagged mis-sold payment protection cover, mis-sold ppi, PPI, worthless ppi on 25/10/2008 | Leave a Comment »
Alliance & Leicester has been fined £7m and agreed to pay redress to customers for PPI misselling.