Since I first started writing for The Motley Fool in January 2003, I’ve criticised rip-off payment protection insurance (PPI) over five hundred times. (Payment protection insurance meets the repayments on a credit card, loan or mortgage if you are unable to work due to accident, sickness or unemployment, and pays off your debt if you die.)
You may be wondering why I criticise this particular insurance cover at every available opportunity. The simple answer is that I worked in the PPI industry for more than a decade, so I’m on a mission to make up for my past sins and wicked ways!…
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