http://www.creditcarddebtloophole.com Clear your debts and make a fresh start. Tue, 17 Nov 2009 12:47:07 +0000 http://backend.userland.com/rss092 en We are pleased to announce a new service for those of you with mis-sold mortgage insurance and PPI policies. PPI insurance claims are now made easy with a company in the United Kingdom called the Consumer Benefits Network. Already the Consumer Benefits Network have secured payment protection refunds for hundreds of people ... http://www.creditcarddebtloophole.com/2009/11/claim-back-loan-insurance/ Government advisors say "It is imperative that we take action to prohibit financial information being copied by identity thieves". Everyone understands why it's best practice to prevent personal details from falling into the wrong hands. Credit reference agency Experian have released a report claiming that young people need to take special caution. Research from Experian ... http://www.creditcarddebtloophole.com/2009/11/credit-card-fraud/ So far the following companies have all been fined for mis-selling Payment Protection Insurance Plans: Swinton Alliance & Leicester Building Society Egg Liverpool Victoria Recently Swinton were fined £770,000 for "inappropriate selling" of PPI and ordered to refund 480,000 customers. The Financial Services Authority (FSA) came to an agreement with the Insurer on what action they ... http://www.creditcarddebtloophole.com/2009/11/swinton-customers/ Bank bosses are ultimately responsible for how their Company acts and behaves, they get a huge bonuses when times are good (and bad), so some leading voices on the mis-sold PPI subject are saying it is bank bosses who should be the ones to pay out. Adam Phillips, chairman of the ... http://www.creditcarddebtloophole.com/2009/11/bank-bosses-responsible/ Norwich Union have taken an £80 million hit from the clampdown on unfair Payment Protection Insurance (PPI). Previously they were taking £80 million from their customers for insurance cover that may have mis-sold and might have been completely useless. It’s no wonder so many people are are making PPI claims when ... http://www.creditcarddebtloophole.com/2009/11/norwich-union/ If you polled the British public on their opinion of Payment Protection Insurance (PPI), the would probably be a 50/50 split. Half would probably never have heard of a PPI before and the other half would say they aren't worth the paper they are written on. One thing’s for certain, no-one ... http://www.creditcarddebtloophole.com/2009/11/ppi-compensation/ Research by global financial services company Swiss Re shows that new sales of Payment Protection Insurance are on a sharp decline. They attribute the decrease in sales to three factors: The state of the economy Employers stopping income protection cover for their employees Coverage of mis-sold PPI policies in the media Swiss Re says this ... http://www.creditcarddebtloophole.com/2009/11/lack-of-cover/ Credit card debts are causing such big problems for UK consumers due to the "credit crunch" and it comes as no surprise that millions are looking for ways to eliminate these debts. The usual methods are debt consolidation and debt management programs, with possibly insolvency proceedings or Private Voluntary Arrangements in ... http://www.creditcarddebtloophole.com/2009/11/unenforceable-credit-agreements/ Hardly a day goes by without Payment Protection Insurance (PPI) and the way it’s been sold appearing in the news. Today, the Financial Ombudsman (FOS) has accused loan insurance providers of using “vague” clauses to needlessly reject claims from policy-holders who have become unemployed in the credit crunch. One of the ... http://www.creditcarddebtloophole.com/2009/11/redundancy-ppi-claims-rejected/ Payment Protection Insurance (PPI) provider Paymentshield is making redundant more than 60 of its staff because of "duplication in job roles" following their recent takeover by Towergate. This figure represents 20% of their entire workforce. The number of employees at Paymentshield is dropping from 300 to under 240. The majority of ... http://www.creditcarddebtloophole.com/2009/11/paymentshield-job-cut/