The Citizens Advice Bureau is a department that offers a confidential, independent, and free of charge counseling to people in order to support them in solving their money, legal, and other issues. It also recommends and provides the policymakers to people, to aid them further. A Citizens Advice Bureau is a charity trust that is registered. This organization works through the funds it receives. Many volunteers are there to help people come out of their troubled situation. These volunteers are fully trained and skilled.
The main purpose of the Citizens Advice Bureau is supply imperative service for the local population. The Citizens Advice Bureau helps people without any distinction of gender, race, religion, age, nationality, disability, etc; it is a charity center unanimously for the service to all. This bureau gives impartial and unbiased advice to people. The offices of the Citizens Advice Bureau are located at a number of places in United Kingdom.
As its duty is to help people resolve their legal and money problems in any case, the Citizens Advice Bureau keeps an eye on different associations and insurance companies to make sure that these organisations are not betraying people. In case, any such signs are found, then it investigates into the matter; if proofs and evidences are found, it does everything it can do from publishing reports against such institutions that are cheating the common citizens to taking some action, in a way against them in legal terms.
The gossips about the unfairness of PPI have been heard many times the Citizens Advice Bureau has considered it, and probed into the actual matter. Since the time they found proofs against it, the Citizens Advice Bureau is strongly opposing PPI, and making people aware of the wrong and unfair means that PPI is adopting.
PPI is the acronym of Payment Protection Insurance. It can be defined as a loan insurance intended to guard a person from the repayment of his Mortgage, Credit Card, and loan, in case of any inopportune incident like accident, infirmity, or redundancy.
However, there are reports that convey that the Payment Protection Insurance is not working through pure means. Many surveys declare that people are not getting that much safety and protection that is promised by PPI. The head of the Office of Fair Trading also said once that the Payment Protection Insurance is not facilitating the people; rather, they are given meager transactions, which instead of protecting them from the payment of loans, mortgages, and credit cards, make their position more unsettled. Hence, people suffer from insecurity.
This is the reason that the Citizens Advice Bureau has condemned the PPI. CAB has once used the term 'Protection Racket' for the advertising of PPI, due to the fact that majority of PPI policies are mis-sold. CAB also discovered that 85% of people that allege their PPI were refuted to get their rights. The exclusion clauses, of which people are unaware at time of sale, are also a hurdle for people in alleging against the policies of PPI.
The Citizens Advice Bureau, therefore, strongly denounces the Payment Protection Insurance due to its unfairness and flaws.
The main purpose of the Citizens Advice Bureau is supply imperative service for the local population. The Citizens Advice Bureau helps people without any distinction of gender, race, religion, age, nationality, disability, etc; it is a charity center unanimously for the service to all. This bureau gives impartial and unbiased advice to people. The offices of the Citizens Advice Bureau are located at a number of places in United Kingdom.
As its duty is to help people resolve their legal and money problems in any case, the Citizens Advice Bureau keeps an eye on different associations and insurance companies to make sure that these organisations are not betraying people. In case, any such signs are found, then it investigates into the matter; if proofs and evidences are found, it does everything it can do from publishing reports against such institutions that are cheating the common citizens to taking some action, in a way against them in legal terms.
The gossips about the unfairness of PPI have been heard many times the Citizens Advice Bureau has considered it, and probed into the actual matter. Since the time they found proofs against it, the Citizens Advice Bureau is strongly opposing PPI, and making people aware of the wrong and unfair means that PPI is adopting.
PPI is the acronym of Payment Protection Insurance. It can be defined as a loan insurance intended to guard a person from the repayment of his Mortgage, Credit Card, and loan, in case of any inopportune incident like accident, infirmity, or redundancy.
However, there are reports that convey that the Payment Protection Insurance is not working through pure means. Many surveys declare that people are not getting that much safety and protection that is promised by PPI. The head of the Office of Fair Trading also said once that the Payment Protection Insurance is not facilitating the people; rather, they are given meager transactions, which instead of protecting them from the payment of loans, mortgages, and credit cards, make their position more unsettled. Hence, people suffer from insecurity.
This is the reason that the Citizens Advice Bureau has condemned the PPI. CAB has once used the term 'Protection Racket' for the advertising of PPI, due to the fact that majority of PPI policies are mis-sold. CAB also discovered that 85% of people that allege their PPI were refuted to get their rights. The exclusion clauses, of which people are unaware at time of sale, are also a hurdle for people in alleging against the policies of PPI.
The Citizens Advice Bureau, therefore, strongly denounces the Payment Protection Insurance due to its unfairness and flaws.
