You may be able to put a little extra money in your savings account. With the economy so tight, who wouldn’t like to add some money to their savings account? A lot of people don’t realize they have a settlement for PPI insurance. PPI is also known as payment protection insurance. Banks and credit card companies sold it to borrowers in order to make sure they would be repaid.
Some people confused it with life insurance, but it is not life insurance. Life insurance is a great tool and everyone should have a policy. It protects loved ones should something happen to the owner of the policy. This is especially important for families.
PPI insurance was sold to borrowers in order to make sure if they lost their job, got sick or passed away, the loan would be paid. Often these people were not aware they were buying this insurance. It was difficult to file a claim and many of them were never approved.
People continue to send in complaints about PPI insurance. Many people are getting settlements and putting some cash in their savings account. They feel they were pressured to buy this insurance at the time they got the credit card.
Anyone who thinks they are eligible for some type of settlement to add some money to their savings account, should check into the matter. If you have a credit card or a bank loan, you might want to read the fine print and see if you were sold PPI insurance. Filing a complaint is easy and you should certainly take advantage of getting this taken care of. No one likes to pay for something they cannot use. They also do not like to buy things they didn’t know they were getting. This was a terrible thing and one that needs to stop.
Posted on 14 October '12 by admin, under Cheapest Credit Cards.
Many credit cards in Canada feature high interest rates. Despite this, there are also plenty of other credit card companies that offer low-interest credit cards as well. It’s simply a matter of doing plenty of research before deciding on a card.
The first thing to consider when choosing a credit card is the benefits that come with it. If you are diligent about paying your bill on time each month, the higher-interest rewards cards might offer more benefits to you. With no annual fees, the Delta SkyMiles Gold card is designed to give you 2 miles per dollar spent. It’s also important to note that these credit cards tend to charge significantly higher interest rates than ones that don’t offer benefits. The Delta SkyMiles card charges 19.8% interest each month. This card is the cheapest rewards card, by far. Others charge large annual fees and other annoyances.
If you are looking for a low-interest card, The TrueLine MasterCard only charges 9.99% interest annually. This card also features no annual fees or other charges. If you are only looking for low interest rates, this is likely the best option for you.
To be eligible for the best interest rates on credit cards, it is important to have a good credit score. Your credit score will ultimately determine the interest rates you are eligible for, with a better score qualifying you for the cheapest credit cards. A bad credit score will hurt your chances of being able to get a good interest rate. If you end up with bad credit, a secured card will help you bounce back and repair your credit. While the HomeTrust Canadian Secured Visa requires that you make a security deposit upfront, it will not charge you any interest or other fees on your balance.
Based on your needs, the cheapest cards in Canada will help you bounce back from any credit mistakes in the past, or earn rewards. Air miles are lucrative, and will help you visit more places.
ppimissold.org.uk will help you begin your PPI Claims procedure
Posted on 11 September '12 by admin, under Cheapest Credit Cards.
Someone from Great Britain might actually want to know the interest rates in Canada. People from England often settle in the country or else purchase a second home there. Canada is a commonwealth country, as well as vast and beautiful. The certain thing is that investments are quite secure, because Canada is financially solvent and property there is sought after.
Interests rates in Canada depend entirely on the type of the investment and the credit worthiness of the investor. Someone wanting to buy property in the northern nation is likely affluent and able to take on large loans. On the other hand, it matters to some because they must often search to find a reasonable deal. Different banks in Canada will have different rates for people in England.
It is always possible to find a good loan interest rate in England, but then the investor might be choosing to work with Canadian dollars. Some people migrate to Canada to live when they retire or simply to work. Either way, it might be necessary to purchase a place to live or even a vehicle. Obtaining loans must be done with Canadian dollars, in spite of the affinity for the commonwealth and close connections to the British banking system.
The good news is that Canada enjoys a good credit rating as a nation, and lender confidence in Canada means that interest rates are not absurdly high. Canada is a stable country and investments are quite secure. Banks understand the advantages in giving premium interest rates to qualifying candidates.
Like all developed countries, Canada has a credit ranking system and might derive some of its data from your sources in England. As the financial world becomes more globally intertwined, information will flow freely between major institutions. The good news is that if you are a deemed highly trustworthy, then you will be rewarded with low interest rates. Paying on time and being good with assets in general has its long term rewards.
Posted on 13 August '12 by admin, under Cheapest Credit Cards.