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PPI Reclaiming Discussion part 4
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1. To introduce you to the lender?
2. To give you the loan?
3. To give the ppi product?
They all make huge profits from not giving you the best deal and are all in it together for profit.
Not sure if I'm right?
Ok
Credit Brokers - Broker CREDIT
Lenders - Lend Money
Insureres - Insure The Borrower (or the money)0 -
Ok.. see if you can see what is wrong with this, when PPI is involved.0
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1. To introduce you to the lender?
2. To give you the loan?
3. To give the ppi product?
They all make huge profits from not giving you the best deal and are all in it together for profit.
Not sure if I'm right?
I thought this as well dreamer, and as they are all involved here, they all have a responsibility and all made their money this way.;)The one and only "Dizzy Di"0 -
Incipience wrote: »Ok
Credit Brokers - Broker CREDIT
Lenders - Lend Money
Insureres - Insure The Borrower (or the money)0 -
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Incipience wrote: »Ok.. see if you can see what is wrong with this, when PPI is involved.0
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something too do with it being a different aggreement needed0
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Ok.. Think about this Logically.
The Broker, Brokers the Loans.
1st Loan For the Debt Consolidation
2nd Loan For the PPI.
Yes.. a loan for the PPI.
Think about it, the first loan pays off your debts and the second loan pays off your PPI.
The loan for the PPI is for the purpose of paying the Insurer the premium up front.
Ok so the Broker, Brokers The Loans, allowing for the lender to pay out the capital to your debts and uses the other loan to take out the PPI..
Do you see where I am going with this?0 -
Incipience wrote: »Ok.. Think about this Logically.
The Broker, Brokers the Loans.
1st Loan For the Debt Consolidation
2nd Loan For the PPI.
Yes.. a loan for the PPI.
Think about it, the first loan pays off your debts and the second loan pays off your PPI.
The loan for the PPI is for the purpose of paying the Insurer the premium up front.
Ok so the Broker, Brokers The Loans, allowing for the lender to pay out the capital to your debts and uses the other loan to take out the PPI..
Do you see where I am going with this?0
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