Articles tagged "MPPI"

Refunds for mortgage insurance customers

News
Around one million homeowners who were mis-sold payment protection insurance on their mortgages could claim refunds of £60 million under new measures unveiled by the watchdog.

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Rejected PPI complaints to be reopened

News
Hundreds of thousands of people who believe they were mis-sold PPI could get their money back after firms were ordered to reopen previously rejected complaints.

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Barclays fights PPI ban

News
Barclays’ legal challenge against the banning of controversial payment protection insurance will be heard this week.

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Banks in PPI ban

News
Banks are likely to be forbidden from selling PPI alongside loans and credit cards, with policies where the premium is added to the loan amount expected to be banned altogether.

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Is this the end of the road for PPI?

News
Six of Britain’s biggest banks have announced they will stop selling controversial payment protection insurance alongside loans. So what future is there for PPI?

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Sale of PPI with loans to be banned

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

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Shoppers ripped-off by PPI costs

News by Liam Tarry
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.

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Alliance & Leicester in record £7 million fine

News
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.

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Is this the end for single premium PPI?

News
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.

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