Payment protection insurance-selling complaints are all set to rival the endowment mis-selling issue, complaints and PPI Claims are running into the tens of thousands, a leading financial company claims. Defaqto, one of the UK’s most prominent financial research companies, argues that the recently announced regulatory clampdown on PPI could be bad news for consumers as banks and other lenders increase rates and charges on loans, credit cards and other products to compensate for the loss of income from protection insurance.
In its report on the PPI market Defaqto reveals that too many customers are either unaware that they can shop around for PPI, or do not know where to go for alternative quotes...Find Out More
