PPI sales scandal revealed
A multi-billion-pound scandal over insurance sold with personal loanswas revealed in a survey conduc...
A multi-billion-pound scandal over insurance sold with personal loanswas revealed in a survey conducted by intermediary Goodfellows lastmonth.
The research revealed that some loan providers are cashing in on alucrative insurance sideline by selling policies that they claim willprotect borrowers who have fallen on hard times and are unable to meettheir repayment obligations.
Goodfellows claims sales of payment protection insurance (PPI) are runningat 1,000 policies an hour and lenders are taking
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Zurich strikes five-year capacity deal with MGA Freedom Services
- Aviva to open branches in Chelmsford and Southampton
- Pen inks £150m social housing capacity deal with SiriusPoint