Payment Protection Insurance. The Office of Fair Trading gets lead in its boots.

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Consumer watchdogs ( travel insurance ) are urging The Office of Fair Trading (OFT) to move quicker in its investigation into Payment Protection Insurance (PPI). (car insurance)

As weve reported several times in this Blog, ( remortgages ) the selling of PPI along with loans and credit cards has become a disgrace on the UKs financial landscape. (cheap health insurance)

Its not that ( unsecured loans ) the idea of PPI is bad, insuring to ensure your monthly repayments ( loans ) in case you are off work through sickness, accident or unemployment, is actually a very sensible thing to do. No, its the way some ( personal loans ) financial institutions sell the insurance, virtually blackmailing their clients, and then overcharging them disgracefully.

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