Posts Tagged ‘ mis sold payment protection ’

MPPI

June 24, 2011
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MPPI, or mortgage payment protection insurance, is a form of insurance policy designed to protect you from changes in personal circumstances that would otherwise leave you unable to meet your mortgage repayments. Not only can this lead to further debt, increased payments, and defaults against your credit record, but it could eventually lead to you losing your family home through non payment of your mortgage. Unfortunately, while MPPI sounds like a great policy in principle, it has been mis sold by lenders and agents leaving many consumers with ineffective and useless mortgage payment protection policies. In some instances, MPPI...

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