PPI- A Company Which Claims and Reclaims Your Policies

For having disputes raging between financial services industry, banks, financial services authorities (FSA) regarding payment protection plan and claims of the consumer, PPI has been in the news lately. Exactly PPI is payment protection insurance. PPI is a loan insurance company with certain policies. PPI offers insurance plans for the consumers based on the loan products like credit cards, car loans or mortgages and so on. The main purpose of PPI is to take the payment on loans if the consumer...