Why Not To Pay Ppi Payment Protection Insurance

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One way to save money on your credit card bill is to not take the payment protection insurance, this is a waste of money and the only one who will benefit from this is the credit card company.

Some people don’t realise that they are actually paying the payment protection insurance it can be hidden in with other costs, those of us that do realise we pay it think it’s a must why! Because the credit card company says so, we assume that if we loose our jobs or fall ill and have to have time of work, that with the (PPI) in place that we are covered well this is not all ways the case. Most people who take this cover with their credit card think they’re totally covered if something bad should happen, well I am here to tell you that you’re not a lot of people think their debt will be paid off for them, but most companies only pay a years payment then you have to pay the rest of the balance. Even if you’re still off sick or not working it’s your responsibility.

Most companies take a while to sort your claim out so at the start you will still have to find the money for your payment, and if you’re only off sick or out of work for a few months, you’ll properly find you’ll be back at work before your claim is sorted.

The amount you pay for your payment protection insurance is usually between 70p-80p for every


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