Payment Protection Insurance (PPI) are one of those evasively sold policies in the past few years for all those customers of loan in the form of credit cards, store cards or debt products like car finance.

If you have got loan, credit card or store card issued in the past six years you are eligible to reclaim £1000 from these companies. They have been miss-selling rather expensive insurance plans called the Payment Protection Insurance (PPI) policy that is sold alongside these various loans.

The Payment Protection Insurance (PPI) plans have been a controversial topic for some time now. The PPI has been effective in various forms on various loans, credit cards and store cards and so on for about 15 years now.

You get people selling a lot of things over the phone, on the television or at your doorstep. It is very unlikely that you entertain these people and buy those things that are being sold or promoted.

When is the last time you remember being sold insurance policies along with loans or credit cards? Most of them might have a vague idea and some may not even be aware.

Have you applied for a loan or a credit card? Of course you have. However, there are huge chances that you may not be aware of the things that are added on to your loan agreements.

‘INSURANCE’ is a broad term that signifies protection in times of financial emergencies. It is a term on which many lives around the world are dependent these days. So it is obvious that when you are being offered protection you would not deny it.

Typically, mortgages refer to the loans and liens on property or house. The loan has to be cleared within a specific period of time. However, there are different types of mortgages available in the market. All of them have their own advantages and disadvantages.

Debt is one of the most worrisome words that ever occur in the history of humankind. However, as a term, debt suggests the amount that a person owes to a person or organization for funds that is borrowed. There are several ways in which the debt can be represented.

Credit cards often pose serious threats especially, when it comes to the paying off the balance. To make the situation even worse, the companies often take extra charge on the credit card due to late payment, returned payment and many other causes. Well, this charge adds up with time and soon becomes a huge amount.