Which? deplores PPI

Payment protection insurance (PPI) is still being mis-sold to customers, according to a survey conducted by Which? The consumers' organisation estimated over 9.8 million people in the UK have a PPI policy alongside a credit card. Of these, it said, 13% thought taking out the product was mandatory with their loan or would improve their chances of being granted credit. It also posited that credit card PPI was the second biggest selling product in the PPI sector, accounting for £970m worth of sales. Doug Taylor, personal finance campaigner at Which?, said: "In this time of economic uncerta...