What is PPI?

Payment protection insurance, abbreviated as PPI, is a type of insurance designed to cover outstanding credits and debts. Normally, the insurance is taken out when an individual wants to secure a loan or overdraft such as a car loan, mortgage, or credit card. Once the customer is unable to pay for the loan or credit […]

PPI – who to blame?

When it comes to loans, lenders and loaners alike will do anything possible just to protect themselves from any possible complications. For the lenders, they want to keep the money flowing even to a point that it can be harsh. For the loaners, they want to pay for the installments at the right time in […]