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MSE News: PPI sales to be curbed
Former_MSE_Helen
Posts: 2,382 Forumite
This is the discussion thread for the following MSE News Story:
"From Friday, new rules mean PPI can't be sold at the same time you take out a mortgage, loan or credit card"
"From Friday, new rules mean PPI can't be sold at the same time you take out a mortgage, loan or credit card"
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Comments
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Hmm well..
I'd that were in place when I took out my loans I'd have definitely not taken PPI, because it wouldn't been offered and it wouldn't have occurred to me.:www: Progress Report :www:
Offer accepted: £107'000
Deposit: £23'000
Mortgage approved for: £84'000
Exchanged: 2/3/16
:T ... complete on 9/3/16 ... :T0 -
I wonder how many people will end up losing their homes as a result of the "consumer protection".0
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some things in that article are old news. single premium ppi was gone in 2009 not 6 April this year.0
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Are banks banned from selling PPI at the point of selling credit or are they just not allowed to bring it up?
If you take out a loan and ask for PPI will the bank say 'sorry we can't give you that right now?'0
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