News Tag: single premium
January 20, 2009
Several High Street banks are to cease selling single premium payment protection insurance (PPI) with their unsecured personal loans.
Alliance & Leicester, Barclays, Co-Operative Bank, Lloyds Banking Group and RBS/Natwest will be opting out of the controversial market for single premium PPI by the end of this month.
The Financial Services Authority (FSA) has welcomed the move, adding that some firms, along ...
Banks to stop selling single premium PPI
by Kay Murchie