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	<title>PPI Refunds UK &#187; ppi compensation</title>
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	<link>http://www.ppirefundsuk.co.uk</link>
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		<title>Merry Christmas From All Of Us At PPIRefundsUK.co.uk</title>
		<link>http://www.ppirefundsuk.co.uk/latest-ppi-news/merry-christmas-from-all-of-us-at-ppirefundsuk-co-uk?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=merry-christmas-from-all-of-us-at-ppirefundsuk-co-uk</link>
		<comments>http://www.ppirefundsuk.co.uk/latest-ppi-news/merry-christmas-from-all-of-us-at-ppirefundsuk-co-uk#comments</comments>
		<pubDate>Wed, 14 Dec 2011 12:59:26 +0000</pubDate>
		<dc:creator>Steven</dc:creator>
				<category><![CDATA[Latest PPI News]]></category>
		<category><![CDATA[mis-sold ppi]]></category>
		<category><![CDATA[ppi claims]]></category>
		<category><![CDATA[ppi compensation]]></category>
		<category><![CDATA[reclaim ppi]]></category>

		<guid isPermaLink="false">http://www.ppirefundsuk.co.uk/?p=3463</guid>
		<description><![CDATA[It&#8217;s Christmas! And to celebrate we&#8217;ve put a tree up and spent the staff party budget on two inflatable festive personalities. In fact, we&#8217;re so pleased with the Christmas decorations; we took a picture to show you&#8230; Looks good, right? And believe it or not, that Robin isn&#8217;t even real! It&#8217;s actually a beautiful card [...]]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s Christmas! And to celebrate we&#8217;ve put a tree up and spent the staff party budget on two inflatable festive personalities. In fact, we&#8217;re so pleased with the Christmas decorations; we took a picture to show you&#8230;</p>
<div id="attachment_3466" class="wp-caption aligncenter" style="width: 370px"><a href="http://www.ppirefundsuk.co.uk/"><img class="size-full wp-image-3466   " title="ppi claims compensation" src="http://www.ppirefundsuk.co.uk/wp-content/uploads/2011/12/photo11-e1323865714360.jpg" alt="ppi claims compensation" width="360" height="479" /></a><p class="wp-caption-text">Christmas in the PPIRefundsUK office!</p></div>
<p>Looks good, right? And believe it or not, that Robin isn&#8217;t even real! It&#8217;s actually a beautiful card sent into us by one of our customers, Mona. Mona made a claim through our PPI <a href="http://www.ppirefundsuk.co.uk">refund service</a> and our expert claim adviser Alex helped her get a refund right before Christmas!</p>
<p>Inside the card was a lovely note to Alex, reading: &#8220;Thank you for your help and kindness to me in helping me with the PPI refunds claim.&#8221; Alex was kind enough to let us pop a few pictures up of the card and we send a whole-hearted thank you and Merry Christmas to Mona and her family!</p>
<div id="attachment_3464" class="wp-caption aligncenter" style="width: 421px"><a href="http://www.ppirefundsuk.co.uk/"><img class="size-full wp-image-3464   " title="photo" src="http://www.ppirefundsuk.co.uk/wp-content/uploads/2011/12/photo.jpg" alt="mis sold ppi claims" width="411" height="308" /></a><p class="wp-caption-text">We just love helping wonderful people get their money back</p></div>
<p>&nbsp;</p>
<p>If you&#8217;re thinking about starting a PPI claim, we&#8217;ll be accepting new cases up until this Friday 16th December so either call us today on 0800 840 72 92 or fill out the form on the home page. And whether you celebrate Christmas or not, may you have a wonderful festive season and a happy new year from everyone at PPIRefundsUK.co.uk.</p>
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		<title>Lloyds Report £3.2 Billion Loses Due to PPI</title>
		<link>http://www.ppirefundsuk.co.uk/mis-sold-ppi/lloyds-report-3-2-billion-loses-due-to-ppi?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lloyds-report-3-2-billion-loses-due-to-ppi</link>
		<comments>http://www.ppirefundsuk.co.uk/mis-sold-ppi/lloyds-report-3-2-billion-loses-due-to-ppi#comments</comments>
		<pubDate>Fri, 05 Aug 2011 10:34:46 +0000</pubDate>
		<dc:creator>Evelyn</dc:creator>
				<category><![CDATA[mis-sold ppi]]></category>
		<category><![CDATA[Payment Protection Insurance]]></category>
		<category><![CDATA[ppi claim]]></category>
		<category><![CDATA[PPI cliams]]></category>
		<category><![CDATA[ppi compensation]]></category>

		<guid isPermaLink="false">http://www.ppirefundsuk.co.uk/?p=2617</guid>
		<description><![CDATA[&#160; &#160; Lloyds banking group have reported a £3.2 billion first half loss due to the setting aside billions to repay the customers Lloyds ripped off by mis selling Payment Protection Insurance. I wouldn&#8217;t feel too sorry for them though as even with the first half loss they are still showing profits of £1.1 billion. [...]]]></description>
			<content:encoded><![CDATA[<p>&nbsp;</p>
<p>&nbsp;</p>
<p><a href="http://www.ppirefundsuk.co.uk/claim/blog"><img class="aligncenter size-full wp-image-2619" src="http://www.ppirefundsuk.co.uk/wp-content/uploads/2011/08/Lloyds1.jpg" alt="" width="300" height="300" /></a></p>
<p>Lloyds banking group have reported a £3.2 billion first half loss due to the setting aside billions to repay the customers Lloyds ripped off by mis selling Payment Protection Insurance. I wouldn&#8217;t feel too sorry for them though as even with the first half loss they are still showing profits of £1.1 billion.</p>
<p>Lloyds <a title="PPI Claims" href="http://www.ppirefundsuk.co.uk/claim/faq">PPI claims</a> bill currently stands at £3.2 billion making it the largest of any UK bank. This highlights Lloyds as the nation’s worst offender when it comes to mis-leading customers and trying to deprive them of their hard earned cash. Are we now supposed to feel sorry for them because they have to pay back the illegally gained money?</p>
<p>Let’s not forget the money Lloyds has made off the interest on the PPI money they have delayed paying back. I wonder what the interest is on £3.2 billion. I can assure you it’s more than enough to line the greedy pockets of the bankers. In January Lloyds admitted that nine of its employees earn over £3.4 million a year.</p>
<p>The FSA revealed that in 2009 more than 2,800 bank staff earned over £1 million across the 27 banks regulated by them. Despite the financial crisis and bank bailouts we have still seen huge bonuses paid to bankers this year.</p>
<p>I think its about time we told these banks enough is enough and stopped the exploitation of the British public. We can begin by claiming back every penny the banks took in PPI. To make your <a title="PPI Claim" href="http://www.ppirefundsuk.co.uk/claim/contact">PPI Claim</a> contact one of our expert advisors.</p>
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		<title>Gone Over Mis Sold Mortgage?</title>
		<link>http://www.ppirefundsuk.co.uk/uncategorized/gone-over-mis-sold-mortgage?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=gone-over-mis-sold-mortgage</link>
		<comments>http://www.ppirefundsuk.co.uk/uncategorized/gone-over-mis-sold-mortgage#comments</comments>
		<pubDate>Wed, 20 Apr 2011 09:18:46 +0000</pubDate>
		<dc:creator>Dave</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[claim back bank charges]]></category>
		<category><![CDATA[Claim Back PPI]]></category>
		<category><![CDATA[Claims]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[Credit Card Charges]]></category>
		<category><![CDATA[ppi compensation]]></category>

		<guid isPermaLink="false">http://www.ppirefundsuk.co.uk/?p=1798</guid>
		<description><![CDATA[Have you tried taking actions about your mis sold mortgage? Mis sold mortgage as we all know is the act of unfair transactions given by lenders to loaners by twitching some details of the contract or giving them false assurances and facts. The action can be anything and you can fall under any transactions for [...]]]></description>
			<content:encoded><![CDATA[<p>Have you tried taking actions about your <a href="http://www.ppirefundsuk.co.uk/">mis sold mortgage</a>? Mis sold mortgage as we all know is the act of unfair transactions given by lenders to loaners by twitching some details of the contract or giving them false assurances and facts. The action can be anything and you can fall under any transactions for this. If you have been <a href="http://www.ppirefundsuk.co.uk/mis-sold-ppi">mis sold PPI</a> then you could make a PPI reclaim and get all of the unfair payments you’ve made, back in your pocket. To start your PPI reclaim, give one of our experts a call now on FreePhone 0800 840 7292.</p>
<p><a href="http://www.ppirefundsuk.co.uk/">Mis sold mortgage</a> is  a thing that should be reported fast and swiftly you can do this through constant follow ups and investigation. You may have ask  help for this concern and get the amount from your specialist.  They are available almost all the time and they are quite reliable. To give your PPI reclaim the best possible chance of succeeding, give one of our friendly experts a call now on 0800 840 7292.</p>
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		<title>Received PPI Reclaim already?</title>
		<link>http://www.ppirefundsuk.co.uk/ppi-reclaim/received-ppi-reclaim-already?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=received-ppi-reclaim-already</link>
		<comments>http://www.ppirefundsuk.co.uk/ppi-reclaim/received-ppi-reclaim-already#comments</comments>
		<pubDate>Tue, 19 Apr 2011 04:14:22 +0000</pubDate>
		<dc:creator>Dave</dc:creator>
				<category><![CDATA[ppi reclaim]]></category>
		<category><![CDATA[claim back credit card charges]]></category>
		<category><![CDATA[credit card charge]]></category>
		<category><![CDATA[ppi compensation]]></category>
		<category><![CDATA[reclaim]]></category>
		<category><![CDATA[Unfair Credit Card Charges]]></category>

		<guid isPermaLink="false">http://www.ppirefundsuk.co.uk/?p=1795</guid>
		<description><![CDATA[Issues regarding PPI and ways on how to get ppi reclaim are abundant these days. You may get the amount if you work on it and if you truly give some time and effort to it. Usually though it takes time to really solve the issue and a bit of skills to identify these unfair [...]]]></description>
			<content:encoded><![CDATA[<p>Issues regarding PPI and ways on how to get <a href="http://www.ppirefundsuk.co.uk/ppi-reclaim">ppi reclaim</a> are abundant these days. You may get the amount if you work on it and if you truly give some time and effort to it. Usually though it takes time to really solve the issue and a bit of skills to identify these unfair charges. If you have been <a href="http://www.ppirefundsuk.co.uk/mis-sold-ppi">mis sold PPI</a> then you could make a PPI reclaim and get all of the unfair payments you’ve made, back in your pocket. To start your PPI reclaim, give one of our experts a call now on FreePhone 0800 840 7292.</p>
<p>When looking for skilled individuals or experts to obtain your <a href="http://www.ppirefundsuk.co.uk/ppi-reclaim">ppi reclaim</a>, you may contact your local firms or assistance agency who offers this kind of service. There are a lot out there and you may have the chance to get your amount in a quickly manner once started. To give your PPI reclaim the best possible chance of succeeding, give one of our friendly experts a call now on 0800 840 7292.</p>
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		<title>What You Need To Know About PPI Claims</title>
		<link>http://www.ppirefundsuk.co.uk/ppi/what-you-need-to-know-about-ppi-claims?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=what-you-need-to-know-about-ppi-claims</link>
		<comments>http://www.ppirefundsuk.co.uk/ppi/what-you-need-to-know-about-ppi-claims#comments</comments>
		<pubDate>Fri, 01 Apr 2011 02:54:14 +0000</pubDate>
		<dc:creator>Dave</dc:creator>
				<category><![CDATA[PPI]]></category>
		<category><![CDATA[ppi reclaim]]></category>
		<category><![CDATA[Unenforceable]]></category>
		<category><![CDATA[claim back credit card charges]]></category>
		<category><![CDATA[Credit Card Charges]]></category>
		<category><![CDATA[Credit Card Charges Claim]]></category>
		<category><![CDATA[mis sold PPI policy]]></category>
		<category><![CDATA[ppi compensation]]></category>

		<guid isPermaLink="false">http://www.ppirefundsuk.co.uk/?p=1764</guid>
		<description><![CDATA[PPI claims are the amount and benefits you get when you have been enrolled in an unfair deal with payment protection insurance. Lenders may have told you that you can only get the amount from one source. You may not think about the offer as unfair at first. They may tell you of a coverage [...]]]></description>
			<content:encoded><![CDATA[<p><strong><a href="http://www.ppirefundsuk.co.uk/ppi-claims">PPI claims</a></strong> are the amount and benefits you get when you have been enrolled in an unfair deal with payment protection insurance. Lenders may have told you that you can only get the amount from one source. You may not think about the offer as unfair at first. They may tell you of a coverage that targets all areas like protection from loans and mortgage payments whenever you are ill, or incidents like accident, loss of a job. These may not be necessarily true for they may have some excuse on their coverage. If you have been  <a href="http://www.ppirefundsuk.co.uk/mis-sold-ppi">mis sold PPI</a> then you could make a PPI reclaim and get all of the unfair payments you’ve made, back in your pocket. To start your PPI reclaim, give one of our experts a call now on FreePhone 0800 840 7292.</p>
<p>Take note that they may also get the amount unnoticeably and they charge you like almost monthly for this. They can slowly drain your amount in the bank. It is a total risk to enroll on it in the first place. If you think that you have been handled unfairly or incorrectly you can get your <strong><a href="http://www.ppirefundsuk.co.uk/ppi-claims">PPI claims</a></strong> with help of experts and get the most of it. To give your PPI reclaim the best possible chance of succeeding, give one of our friendly experts a call now on 0800 840 7292.</p>
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		<title>PPI Refunds Today</title>
		<link>http://www.ppirefundsuk.co.uk/ppi/ppi-refunds-today?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=ppi-refunds-today</link>
		<comments>http://www.ppirefundsuk.co.uk/ppi/ppi-refunds-today#comments</comments>
		<pubDate>Thu, 10 Mar 2011 07:15:27 +0000</pubDate>
		<dc:creator>Dave</dc:creator>
				<category><![CDATA[PPI]]></category>
		<category><![CDATA[claim back credit card charges]]></category>
		<category><![CDATA[mis sold mortgages]]></category>
		<category><![CDATA[mis sold PPI policy]]></category>
		<category><![CDATA[mortgage protection insurance]]></category>
		<category><![CDATA[ppi compensation]]></category>

		<guid isPermaLink="false">http://www.ppirefundsuk.co.uk/?p=1703</guid>
		<description><![CDATA[Is there such thing as ppi refunds? Yes of course if you were one of those victims of mis sold bank charges for PPI. A lot of people are unaware of the judge rule last September. Guidelines may be passed, but for people who are unfortunate enough may not know anything about this at all, [...]]]></description>
			<content:encoded><![CDATA[<p>Is there such thing as <strong><a href="http://www.ppirefundsuk.co.uk/">ppi refunds</a></strong>? Yes of course if you were one of those victims of mis sold bank charges for PPI. A lot of people are unaware of the judge rule last September. Guidelines may be passed, but for people who are unfortunate enough may not know anything about this at all, or maybe know something but don’t know who to contact for support. If you have been <a href="http://www.ppirefundsuk.co.uk//www.ppirefundsuk.co.uk/mis-sold-ppi”">mis sold PPI</a> then you could make a PPI reclaim and get all of the unfair payments you’ve made, back in your pocket. To start your PPI reclaim, give one of our experts a call now on FreePhone 0800 840 7292.</p>
<p><strong> <a href="http://www.ppirefundsuk.co.uk/">PPI refunds</a></strong> have been mentioned a lot and it would be our task to fix the problem financially. But don’t worry too much for you can also ask for help if you really can’t find a solicitor of your own. A good specialist would advice you as well to get the money already. To give your PPI reclaim the best possible chance of succeeding, give one of our friendly experts a call now on 0800 840 7292.</p>
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		<title>PPI Reclaim And Help</title>
		<link>http://www.ppirefundsuk.co.uk/ppi-reclaim/ppi-reclaim-and-help?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=ppi-reclaim-and-help</link>
		<comments>http://www.ppirefundsuk.co.uk/ppi-reclaim/ppi-reclaim-and-help#comments</comments>
		<pubDate>Mon, 07 Mar 2011 11:02:16 +0000</pubDate>
		<dc:creator>Dave</dc:creator>
				<category><![CDATA[ppi reclaim]]></category>
		<category><![CDATA[Credit Card Charges]]></category>
		<category><![CDATA[Credit Card Charges Claim]]></category>
		<category><![CDATA[mis sold PPI policy]]></category>
		<category><![CDATA[ppi compensation]]></category>
		<category><![CDATA[PPI reclaims]]></category>

		<guid isPermaLink="false">http://www.ppirefundsuk.co.uk/?p=1696</guid>
		<description><![CDATA[Have you paid constantly for an amount that you don’t even know that existed? Some charges that are mis sold and charged without proper consent. Some agents may not explain PPI at all or nonetheless offer any other options. Though options are really available, the agent may hide it intentionally or mistakenly. We can never [...]]]></description>
			<content:encoded><![CDATA[<p>Have you paid constantly for an amount that you don’t even know that existed? Some charges that are mis sold and charged without proper consent. Some agents may not explain PPI at all or nonetheless offer any other options. Though options are really available, the agent may hide it intentionally or mistakenly. We can never tell but the damage and the charges have been done.  Today you should know that you can reclaim our amount by the process of <strong><a href="http://www.ppirefundsuk.co.uk/ppi-reclaim">PPI reclaim</a></strong>. If you have been <a href="http://www.ppirefundsuk.co.uk//www.ppirefundsuk.co.uk/mis-sold-ppi”">mis sold PPI</a> then you could make a PPI reclaim and get all of the unfair payments you’ve made, back in your pocket. To start your PPI reclaim, give one of our experts a call now on FreePhone 0800 840 7292.</p>
<p>Even though you have the right to get the claims you can’t be of any priority in getting the claims, this means that delays may be possible or even failures. There are supports out there and legal advisors who support <strong><a href="http://www.ppirefundsuk.co.uk/ppi-reclaim">PPI reclaim</a></strong> and other related kinds of concerns.  Getting one would be ideal to have  thorough check on the situation and complain. To give your PPI reclaim the best possible chance of succeeding, give one of our friendly experts a call now on 0800 840 7292.</p>
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		<slash:comments>0</slash:comments>
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		<title>Unfair Credit Card Charges And Missolds</title>
		<link>http://www.ppirefundsuk.co.uk/credit-card-charges/unfair-credit-card-charges-and-missolds?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=unfair-credit-card-charges-and-missolds</link>
		<comments>http://www.ppirefundsuk.co.uk/credit-card-charges/unfair-credit-card-charges-and-missolds#comments</comments>
		<pubDate>Mon, 28 Feb 2011 04:56:46 +0000</pubDate>
		<dc:creator>Dave</dc:creator>
				<category><![CDATA[Credit Card Charges]]></category>
		<category><![CDATA[claim back bank charges]]></category>
		<category><![CDATA[claim back credit card charges]]></category>
		<category><![CDATA[Claim Back PPI]]></category>
		<category><![CDATA[mis-sold ppi]]></category>
		<category><![CDATA[ppi compensation]]></category>

		<guid isPermaLink="false">http://www.ppirefundsuk.co.uk/?p=1681</guid>
		<description><![CDATA[Unfair credit card charges like PPI are gaining popularity on employees who pay something which they don’t really have much of an idea about. These should be reported immediately and you should be able to stop paying for it automatically through your credit card. Also you should know that they may not provide the services [...]]]></description>
			<content:encoded><![CDATA[<p><strong><a href="http://www.ppirefundsuk.co.uk/">Unfair credit card charges</a> </strong>like PPI are gaining popularity on employees who pay something which they don’t really have much of an idea about. These should be reported immediately and you should be able to stop paying for it automatically through your credit card. Also you should know that they may not provide the services and insurances that they have claimed in the first place. This is why you should not pay further for these and you should understand that most of them are missold. If you have been <a href="http://www.ppirefundsuk.co.uk//www.ppirefundsuk.co.uk/mis-sold-ppi”">mis sold PPI</a> then you could make a PPI reclaim and get all of the unfair payments you’ve made, back in your pocket. To start your PPI reclaim, give one of our experts a call now on FreePhone 0800 840 7292.<br />
These <strong><a href="http://www.ppirefundsuk.co.uk/">unfair credit card charges </a></strong>should be reported promptly and have experts handled the situation. Get your full amount and of course interests. A solicitor who handles the same or expert cases about this should be the one contacted. Don’t let these missold and useless charges to continue. To give your PPI reclaim the best possible chance of succeeding, give one of our friendly experts a call now on 0800 840 7292.</p>
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		<title>PPI Refunds Concern</title>
		<link>http://www.ppirefundsuk.co.uk/ppi/ppi-refunds-concern?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=ppi-refunds-concern</link>
		<comments>http://www.ppirefundsuk.co.uk/ppi/ppi-refunds-concern#comments</comments>
		<pubDate>Thu, 10 Feb 2011 15:05:47 +0000</pubDate>
		<dc:creator>Dave</dc:creator>
				<category><![CDATA[PPI]]></category>
		<category><![CDATA[mis sold PPI policy]]></category>
		<category><![CDATA[ppi claim refund]]></category>
		<category><![CDATA[ppi compensation]]></category>
		<category><![CDATA[ppi reclaim]]></category>

		<guid isPermaLink="false">http://www.ppirefundsuk.co.uk/?p=1477</guid>
		<description><![CDATA[Have you been paying for your PPI lately? You have been told to pay for it and you have done your part. Now when the time comes when you are in need of such insurance and claims, you’ll find out that it was mis-sold or the amount was unlawfully taken. This is a common issue [...]]]></description>
			<content:encoded><![CDATA[<p>Have you been paying for your PPI lately? You have been told to pay for it and you have done your part. Now when the time comes when you are in need of such insurance and claims, you’ll find out that it was mis-sold or the amount was unlawfully taken. This is a common issue of employees today. If you think you have encountered such problems, or if you know someone who has don’t hesitate to call us since we cater <strong><a href="http://www.ppirefundsuk.co.uk/">PPI refunds</a></strong> concern. If you have been <a href="http://www.ppirefundsuk.co.uk//www.ppirefundsuk.co.uk/mis-sold-ppi”">mis sold PPI</a> then you could make a PPI reclaim and get all of the unfair payments you’ve made, back in your pocket. To start your PPI reclaim, give one of our experts a call now on FreePhone 0800 840 7292.</p>
<p>The thing about this is that most of common employees are given false information about PPI. This is quite unfair and most ordinary men and women of the country don’t know how to handle this kind of situation. This is why we are here to help you. You can call our experts and ask relevant questions especially in regards to <strong><a href="http://www.ppirefundsuk.co.uk/">PPI refunds</a></strong>. To give your PPI reclaim the best possible chance of succeeding, give one of our friendly experts a call now on 0800 840 7292.</p>
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		<title>MIS – SOLD PPI: Why it’s so often mis – sold?</title>
		<link>http://www.ppirefundsuk.co.uk/mis-sold-ppi/mis-%e2%80%93-sold-ppi-why-it%e2%80%99s-so-often-mis-%e2%80%93-sold?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=mis-%25e2%2580%2593-sold-ppi-why-it%25e2%2580%2599s-so-often-mis-%25e2%2580%2593-sold</link>
		<comments>http://www.ppirefundsuk.co.uk/mis-sold-ppi/mis-%e2%80%93-sold-ppi-why-it%e2%80%99s-so-often-mis-%e2%80%93-sold#comments</comments>
		<pubDate>Thu, 10 Feb 2011 12:37:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[mis-sold ppi]]></category>
		<category><![CDATA[mis sold mortgages]]></category>
		<category><![CDATA[ppi compensation]]></category>
		<category><![CDATA[PPI reclaims]]></category>

		<guid isPermaLink="false">http://www.ppirefundsuk.co.uk/?p=1425</guid>
		<description><![CDATA[The real profit from selling loans often doesn’t come from the products themselves, but from the insurance sold alongside. There are around 20 million PPI policies in the UK, historically generating around £5 billion a year for the companies involved, so it’s no wonder they want to do all they can to protect the product. [...]]]></description>
			<content:encoded><![CDATA[<p><strong> </strong></p>
<p>The real profit from selling loans often doesn’t come from the products themselves, but from the insurance sold alongside. There are around 20 million PPI policies in the UK, historically generating around £5 billion a year for the companies involved, so it’s no wonder they want to do all they can to protect the product.</p>
<p>Yet it isn’t the insurer that reaps most of the reward, it’s the company selling the loan. The cost of the insurance almost always dwarfs the interest cost, so it’s unsurprising many believe this is the most over – priced financial product around.</p>
<p>Worse still in June 08, after a 15 month investigation into <a href="http://www.ppirefundsuk.co.uk/mis-sold-ppi">mis &#8211; sold PPI</a>, the Competition Commission found the following average insurance payout ratios apply.</p>
<p>o   Car Insurance: 78%<br />
o   Home Insurance: 54%<br />
o   Mortgage PPI: 28%<br />
o   Personal Loan PPI: 15%<br />
o   Credit Card PPI: 11%</p>
<p>In layman’s terms, this means while for every £100 insurers take on car insurance they pay out £78 on credit card PPI its just £11… meaning it is HUGELY profitable. Yet most of this profit goes to the lenders not the insurance companies.</p>
<p>Before getting into this, if possible get hold of a copy of your policy’s terms and conditions. If you can’t find them, contact your lender to ask for a copy (but make sure it dates back to the time of your agreement as terms will change over time). Lenders can ask for £1 to provide this but not all do so you could include a cheque for £1 (don’t send cast though) to speed it up a little.</p>
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