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Go Back   The Consumer Forums > The Consumer Forums
The Consumer Action Group
 > Payment Protection Insurance (PPI)
Reload this Page Who’s making a mint from loan protection?

Payment Protection Insurance (PPI) The misselling of Payment Protection Insurance is widespread, and believed to run into billions of pounds. This forum will help you to see if you have a valid claim for a refund, and guide you through the process.


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Before beginning to claim your bank charges be sure to read the FAQ by clicking the link above. Read it carefully and also read as much of the forum material as you can manage before you start claiming your bank charges refund. You will have to register before you can post or view the materials which may assist you in reclaiming your penalty charges: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. Understand what you are doing and you will be able to Reclaim the Right more effectively.

Why don't you come and introduce yourself in the Welcome section at the top of the forum. Then have a look around the rest of it.
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Old 19th June 2007, 18:59   #1 (permalink)
crfx250
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Watch out, there are Claims Touts about!

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crfx250 Informativecrfx250 Informativecrfx250 Informative
Default Who’s making a mint from loan protection?
Who’s making a mint from loan protection?

Well according to this artical it's Lloyds and Direct Line


Who’s making a mint from loan protection? | This is Money
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Old 22nd June 2007, 18:52   #2 (permalink)
shywazz
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Default Re: Who’s making a mint from loan protection?
I took a loan from my Halifax bank, appiled on line received the forms to sign through the post, noticed the huge insurance costs/fees, telephoned them to explain i didnt want the insurance, as could get cheaper cover elsewhere, there deducted the insurance fee and sent me a new document to sign, all okay... Just letting others know this, you don't need to take out the loan companys insurance to obtain there loan. Some loan companys might say that there will only give the loan to you if insurance taken to protect it, this is mis-selling, you can obtain life cover to include such loans should the need arise.
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