McInnes commends Which? campaign on mis-sold insurance
January 21, 2008 12:00 AM
North East MSP today welcomed Which? magazine's campaign on payment protection insurance after the consumer watchdog described it as "a poor deal for consumers, a nice earner for insurers."
Payment protection is often sold alongside financial products such as loans, mortgages and credit cards.
McInnes said, "Which? have done consumers a favour by highlighting the exploitative practices of far too many lenders and insurers."
She continued, "Insurers have a responsibility not to scaremonger, and consumers have the right to be informed fully."
The Which? Magazine campaign is accessible here: http://www.which.co.uk/reports_and_campaigns/money/campaigns/payment_protection/index.jsp
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