MPPI

Sale of PPI with loans to be banned

Update: Thu, 13/11/2008 - 17:52

The Competition Commission has recommended banning the sale of payment protection insurance alongside loans as part of its high profile investigation into the sector. Read more

Shoppers ripped-off by PPI costs

Update: Fri, 10/10/2008 - 14:51

The competition watchdog has found that the cost of payment protection insurance alongside retail loans for catalogue items such electronics or furniture is still too expensive. Read more

Alliance & Leicester in record £7 million fine

Update: Tue, 07/10/2008 - 11:10

Alliance and Leicester has been fined a record £7 million by the City watchdog for putting pressure on loan borrowers to take out payment protection insurance. Read more

Take cover with mortgage protection

By Sam Barrett Update: Tue, 07/10/2008 - 08:43

As recession looms, it makes even more sense to take out insurance to cover your mortgage and provide for your family in case disaster strikes. Sam Barrett looks at the options. Read more

Is this the end for single premium PPI?

Update: Tue, 30/09/2008 - 15:40

The financial watchdog is urging banks to stop selling single premium payment protection insurance alongside personal loans as part of its plans to beef up the regulation of this controversial protection product. Read more

Mortgage advisers offering inadequate advice

Wed, 23/07/2008 - 11:08

An undercover investigation has found that just four in 50 mortgage advisers are doing their jobs properly, with the remainder offering inadequate advice to buyers. Read more

Financial watchdog launches PPI comparison service

Mon, 23/06/2008 - 12:52

Borrowers looking to take out payment protection insurance are now able to compare policies using impartial comparison tables from the financial watchdog. Read more

Claims management companies target PPI policyholders

Tue, 10/06/2008 - 12:18

Consumers have been urged to avoid using claims management companies for PPI claims as experts warn their fees could leave many out of pocket. Read more

How to reclaim your PPI premiums

By Rebecca Atkinson Update: Wed, 02/07/2008 - 16:21

Thousands of people are thought to have been mis-sold payment protection insurance. The good news is you could be entitled to a refund. Read our guide to making a complaint and download a template letter to help you get a refund. Read more

Consumers overcharged for PPI by £1.4 billion

Update: Fri, 06/06/2008 - 14:02

Banks are overcharging borrowers taking out payment protection insurance (PPI) by over £1.4 billion each year, an official investigation has today revealed. It now proposes a ban on the sale of this expensive insurance cover. Read more