Website Helps Customers Claim Back Money That Was Incorrectly Paid as Payment Protection Insurance
Over the years, millions of people who have borrowed money paid additional funds towards something called payment protection insurance, or PPI. This is a type of insurance that is often added to loans, mortgages, credit cards and hire purchase agreements. PPI is designed to take over payments if the person who borrowed the money is suddenly unable to pay his or her bills; for example due to a job loss, medical problem or other emergency.
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