July 27, 2010
PPI No Longer To Be Sold By Lloyds – PPI – Mis-sold PPI – Payment …
Lloyds ends sale of PPI. The Lloyds Banking Group has announced it will no longer sell Payment Protection Insurance (PPI) on all of its loans, credit cards and mortgage deals. … Lloyds is the first bank in the UK to make the decision to stop selling PPI policies. The Lloyds group has said this decision will extend to all of its brands including Halifax, Bank of Scotland and Cheltenham & Gloucester. Instead of selling PPI cover, if customers are interested in taking out …
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PPI No Longer To Be Sold By Lloyds – PPI – Mis-sold PPI – Payment …
Filed under MPPI, UK Insurance by on Jul 27th, 2010.
Comments on PPI No Longer To Be Sold By Lloyds – PPI – Mis-sold PPI – Payment …
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Then there were the countless deceptions that emerged from the securitization process, the bad math that allowed banks like Goldman to do $474 million mortgage deals where the average equity in the home was just 0.71 percent, and sell 93% of that deal as investment grade paper.
I think if you live in the UK and you have a mortgage, you should consider some form of UK mortgage protection like this. As far as I know British insurance offer the best and most affordable policy available today. Unfortunately i was not aware that I didn’t have to go to my mortgage provider to get cover for mortgage payment protection insurance..I think I paid about twice that for my MPPI insurance. Ah well, at least it kept a roof over my head!