Cheltblue said:
On this subject fella, you know not what you are talking about.
This is not a 'make up an accident' type claim, these are genuine claims against providers who have put a completely invalid insurance poilcy, which generated huge commissions for their sales staff, onto a genuine credit agreement. In many cases they never even told the recipient that they had lumped it on.
Nothing wrong with correct cover, but fact is 96% (ish) are completely innapropriate and wont pay out.
Nothing at all to do with 'peoples stupidity'
Always good to do even a little bit of research if you are going to comment on a subject.
I do know what i am talking about, however in this instance I read "PI" as in Personal injury instead of "PPI" as in Payment Protection Insurance and jumped in head first.
So I stand by my comment regarding Personal Injury claims but retract it in respect of PPI (which is what the thread is about).
My mistake which I realised after Joycees post, however I did not want to admit it and hoped this topic would slide down the page.
