Payment Protection Insurance still Being Mis-Sold 3816762268780510832-blid-4396492111487421000

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In 2005 the Financial Services Authority began an investigation into the payment protection sector. This was after a super complaint to the Office of Fair Trading from the Citizens Advice. It was found that consumers were getting a poor deal when it came to payment protection insurance and in some cases individuals who could not claim against a policy had been sold the cover.