|
24th September 2009
You may not have heard of the term PPI or payment protection insurance, but there is a high probability you will have been asked if you want it. There are 20 million PPI policies existing in the UK. They are meant to cover you when you take out a form of ... Read >
Author: michael challiner24th September 2009
The Competition Commission has announced that they intend to ban the sale of Payment protection insurance (PPI) at the point of sale for both loans and credit and store cards. A respected personal finance expert estimates that up to 50 per cent of PPI... Read >
Author: michael challiner10th August 2009
PPI or Payment Protection Insurance is an insurance cover that is taken to cover the repayments, if you are not able to provide for repayment; against loans, store cards, credit cards and other financial products like car finance and home loans. As a prod... Read >
Author: Jamie Hanson23rd July 2009
Commentators have welcomed moves by the UK's Competition Commission to ban the sale of controversial Payment Protection Insurance (PPI) alongside credit agreements in 2010. But some have warned that this could mean that loan and mortgage rates could rise.... Read >
Author: michael challiner18th July 2009
You may not have heard of the term PPI or payment protection insurance, but there is a high probability you will have been asked if you want it. There are 20 million PPI policies existing in the UK. They are meant to cover you when you take out a form of ... Read >
Author: michael challiner09th July 2009
The phrases "deep in recession" and "credit crunch" have been ringing in our ears for months now. So it's no surprise to see that payment protection products are more popular than ever. But it's worrying to hear that the consumer watchdog, Which?, has rel... Read >
Author: Harvey McEwan02nd July 2009
The Competition Commission has asked for a ban on selling payment protection insurance (PPI) when people take out credit agreements. However lenders say the price of personal loans will rise.
PPI covers repayments if the holder is not able to pay due ... Read >
Author: michael challiner11th June 2009
Commentators have welcomed moves by the UK's Competition Commission to ban the sale of controversial Payment Protection Insurance (PPI) alongside credit agreements in 2010. But some have warned that this could mean that loan and mortgage rates could rise.... Read >
Author: michael challiner16th April 2009
LPG is known to be the most useful and effective energy alternative for domestic, as well as business, use. The fact that it is offers versatile usage at lower costs than other energy sources, accompanied with its environmentally-friendly nature, greatly ... Read >
Author: Florence Gasket16th April 2009
The LPG Competition Commission presented some concerns relating to LPG suppliers and the lack of healthy competition in the LPG market, and its consequences relative to the customers and the new entrants and the smaller suppliers who have a low opportunit... Read >
Author: Florence Gasket15th April 2009
According to the investigation carried out by the LPG Competition Commission, a factor that came to its attention was that the customers of LPG in some cases know that they are paying high prices for the service, and yet they don’t seem to see any other... Read >
Author: Florence Gasket15th April 2009
After investigating the competition in the LPG market, the LPG Competition Commission showed some concerns regarding the health of the competition and the role of the larger players of the market in making the competitive environment the way it is. The LP... Read >
Author: Florence Gasket20th February 2009
People on low incomes who have trouble borrowing money from more official sources are the target for ‘doorstep lending’. They can borrow small amounts of cash, even just 100 pounds, for a short time and repay it week by week to an agent who visits th... Read >
Author: michael challiner18th February 2009
If you have taken out insurance for your home or your loan then you are at serious risk of being charged far too much, just for protecting yourself. The Competition Commission has been carrying out reports again, and have found there to be little or no co... Read >
Author: rudi oneil18th February 2009
If you are a person that has taken out payment protection, whether it be for a loan or a mortgage or any kind of borrowing, then this cover could well be costing you far too much. There is an organisation known as the Competition Commission, and they reck... Read >
Author: Nigel Thomas02nd February 2009
THE COMPETITION Commission will ban the sale of payment protection insurance (PPI) alongside credit agreements to give customers a better chance of finding a cheaper policy with better terms.
It will also ban the sale of ‘single premium’ policies ... Read >
Author: alisteed03rd November 2008
With the Christmas season fast approaching, it is more important than ever to try to avoid using store cards wherever possible. This is because of the tendency to overspend when you enter the store for which you have a credit card and see something that r... Read >
Author: Alisdair Cosgrove07th October 2008
Energy regulator Ofgem is set to publish their findings from an inquiry that was started back in February.
The investigation looked into leading suppliers’ gas and electricity prices due to the imposed big price increases that occurred around the sam... Read >
Author: Gill26th September 2008
If you are a person that has taken out payment protection, whether it be for a loan or a mortgage or any kind of borrowing, then this cover could well be costing you far too much. There is an organisation known as the Competition Commission, and they reck... Read >
Author: Nigel Thomas16th August 2008
Recent proposals by the CC (Competition Commission) may force a ban on lenders pushing the controversial PPI (Payment Protection Insurance) on customers.
Such insurance is often bundled with financial products like loans and credit cards to protect co... Read >
Author: Liam Gerken23rd July 2008
Despite new rules to protect the UK's 11 million store card holders, analysis from money website, Fool.co.uk reveals that stores are still ripping off customers, with some charging almost 50 per cent more interest on their store cards than credit cards.
... Read >
Author: Ruth14th July 2008
People who take out payment protection insurance for a loan or mortgage are at risk of being grossly overcharged for the privilege of protecting themselves. A report being carried out by the Competition commission said that there is too little competition... Read >
Author: Danielle Fletcher03rd July 2008
British consumers are being overcharged for Payment Protection Insurance by £1.4billion a year due to a lack of competition in the market, according to a watchdog.
The Competition Commission made the disclosure today adding that the market for the ins... Read >
Author: Mildred01st July 2008
New rules and regulations have recently been introduced to try and stop the rip-off APRs you might have seen with store cards.However, some store cards are still charging almost 50 per cent more interest on store cards than you'd find with a credit card.
... Read >
Author: SimonDuffy13th June 2008
Payment Protection Insurance (PPI) is used as a sort of safety net for those who take out credit cards and other financial commitments.
These additional policies are small monthly payments that are paid to your provider, and are supposed to provide a l... Read >
Author: DCollins30th April 2008
According to reports, airport operator BAA could have their massive £10bn debt classified as 'junk' in the next couple of months if they fail to refinance it. If their debt is written off in this way, it could spell financial disaster for BAA, which... Read >
Author: Cindy Norgte11th April 2008
The European Union Competition Commission has issued a specific communiqué that interchange fees for consumers must be cut across the 26 nations of the European Community. The European Commission informed the Master Card (credit card company) that it was... Read >
Author: Daniel03rd April 2008
The few in this case are the big 6 electricity and gas suppliers who have sheepishly raised their prices since January by on average 15% - although Scottish and Southern Energy has once again agreed to delay any rise until the spring, no doubt smarting fr... Read >
Author: clickthrough07th June 2007
A store card is merely another type of a credit card with some differences:
You can use a store card only in a shop or a chain of shops that are owned by one company
You can use the store card to make purchases online, at the store’s website
Bot... Read >
Author: Matthew Lloyd06th May 2007
The majority of small businesses and bank with one of the so-called ’big four‘ and 70% are largely happy with the quality of service they receive, according to a business advice survey of over 4,000 firms by the Federation of Small Businesses. Acc... Read >
Author: Steve Ash13th December 2006
Even if the major electricity suppliers do not apply price reductions now, they should at the very least forego any further electricity price increases.
After all, the profits that have been reported have been generated from the unprecedented rise in w... Read >
Author: clickthrough28th November 2006
Consumers and consumer protection organisations are increasingly putting pressure on financial providers to make the payment protection insurance (PPI) market as transparent as possible, in order to help consumers gain a better understanding of their fi... Read >
Author: Andrew Regan15th September 2006
It happens all the time. You go into one of your favourite shops and hear the offer over the public address system: 'An extra 10% off today if you apply for one of our store cards.' This seems like a good idea for people who shop regularly in a particular... Read >
Author: Joseph Kenny05th May 2006
Unwanted interest has come from sources including industry regulator, the Competition Commission (CC), following an Office of Fair Trading (OFT) investigation which was in turn sparked by a super-complaint lodged by the National Consumer Council (NCC).
... Read >
Author: sam lowe
|
