Consumers that may have taken out loans, credit cards, store cards, car finance, mortgages or secured loans over the last 10 years could be due a small windfall if they purchased the additional insurance with the finance agreement. The insurance is known as Payment Protection Insurance or PPI for short, and is also known as Accident, Sickness and Unemployment (ASU) cover. The reason why many could be due a payout is because the PPI may well have been mis-sold, as has been widely reported in the press recently... read more
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