Consumers should purchase Payment Protection Insurance (PPI) for their
The company claims that it is especially vital for those who often spend up to the limit on their cards.
He said that “everyone has their own view of risk” but that unexpected circumstances such as job losses could lead to financial trouble if consumers do not protect themselves.
PPI can protect consumers if job losses, accidents or sickness mean they are unable to make repayments on their borrowings.
According to Debt Help there is five times the European average amount of
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