March 23, 2010
realtimemedicalsolutions.com » The Week Unzipped: Mis-selling …
ANYONE who has taken out payment protection insurance (PPI) on a credit card, personal loan or mortgage should check they have not been mis-sold following a damning report from the Competition Commission claiming banks were … PPI provides cover for loan repayments if someone loses their income due to ill health or unemployment, and could be valuable insurance if the UK heads into recession. The Competition Commission agreed with earlier findings by the Office of Fair …
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realtimemedicalsolutions.com » The Week Unzipped: Mis-selling …
Filed under UK Insurance, UK Mortgage Protection by on Mar 23rd, 2010. 
Comments on realtimemedicalsolutions.com » The Week Unzipped: Mis-selling …
Yes, good point. Remortgage is the new trend. The consequences being: changing from fixed to variable rate, penalties and fees, payment protection insurance, can you make over and under payments, etc. Just like with most things, there is a positive and a negative and you must decide which outweighs the other in your situation.
Although this is a UK site, it gives a good idea of some of the pitfalls of remortgages.
Thanks for the comment!
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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!
mortgage protection insurance is a must for any UK homeowner. The British Insurance MPPI policy is an excellent product too. I was made redundant in 1999 and mortgage protection insurance saved my home.
I updated my 1and1 credit card info yesterday & within an hour there was $1000 worth of fraud charges. Interesting.
This is very good that Srj. Dhanendra Kumar Hon’ble Chairperson, Competition Commission of India came to media, that to National Television Channel Doordarsan and stated about fair and transparent competition to attain economic development is really the need of the hour. He spoke about bid rigging, cartel and abuse of dominance which requires to be implemented without any violation of the Act. Nice Interview. Thanks.