Payment Protection Insurance Claims 3816762268780510832-blid-1298401897424613276

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Payment Protection Insurance, or PPI, has been described as a 'financial rip-off' by certain elements of the financial press. The Citizens Advice Bureau found that in many cases it was more about providing an additional source of profit for the financial industry than about protecting consumers. It is usually very expensive and often does not afford the protection that consumers believe they are buying.