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MSE News: PPI sales to be curbed

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MSE News: PPI sales to be curbed

edited 30 November -1 at 1:00AM in Reclaim PPI & Other Insurance
4 replies 1.2K views
2.4K posts
edited 30 November -1 at 1:00AM in Reclaim PPI & Other Insurance
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"
Read the full story:
PPI sales to be curbed



  • J_i_mJ_i_m Forumite
    1.3K posts
    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 ... :T
  • magpiecottagemagpiecottage
    9.2K posts
    I wonder how many people will end up losing their homes as a result of the "consumer protection".
  • roonaldoroonaldo Forumite
    3.4K posts
    some things in that article are old news. single premium ppi was gone in 2009 not 6 April this year.
  • corbyboycorbyboy Forumite
    1.2K posts
    Part of the Furniture
    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?'
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