April 7, 2010
Article: Be Wary Of Payment Protection Insurance | Ahdaq.com |
The insurance category known as Payment Protection Insurance is something most of us have bought at some time during our lives. You are probably included if you have ever gotten a loan from a bank or finance company or even on a line of … To begin with, insurers pay out a commission to banks and finance companies and mortgage brokers and car financers when they sell a policy as part of a loan agreement. Now, there is nothing nefarious in this if it were not for the fact …
Originally posted here:
Article: Be Wary Of Payment Protection Insurance | Ahdaq.com |
Filed under UK Insurance, UK Mortgage Protection by on Apr 7th, 2010. 
Comments on Article: Be Wary Of Payment Protection Insurance | Ahdaq.com |
Why Using a Mortgage Broker is a wonderful Idea
Thanks for the info on this company. St Andrews Financial Planning is certainly one of the most professional financial advisers in Norwich and they have been offering sound financial advice to the the people of Norwich and Norfolk for several years. I have found them to be extremely helpful and will go to them again when I need mortgage advice or advice on critical illness cover, Income Protection Insurance or life insurance in the future
Gosh I always get mis-sold payment protection insurance. It's just such a problem.
Nationalization Isn't Bad!
Gordon Brown on Thursday said protectionism means less consumption, less production, more unemployment. The G7 is following his advice.
We shouldn’t fear nationalization either. Former French president François Mitterrand nationalized thirty six banks and two finance companies between 1981 – 1982. They were ready to seize opportunities in the global market by the time Jacques Chirac came to power in 1995.
Much of Southeast Asia, India, Pakistan and Iran must revert to some sort of communal enterprise if they are to weather the economic crunch.
Yes, there are fewer of us Mortgage Brokers, but we haven’t thrown in the towel. Yes, BofA and Wells Fargo would love to see us dissapear, but if we did, the consumer would be the one that would suffer the most, for brokers offer choices against the big banks. And yes, there are fewer choices today for the borrowers, but that goes with the big banks too. Bottom line: If you want a loan, you’d better able to prove that you deserve it and can pay it back.