Ppi

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Got over 9k back last year for commercial overdraft protection, which was put that I could have the overdraft providing I had the Insurance.

It was a lot of paperwork as it was going back 25 years, the insurance went up each time the overdraft was increased as the business grew.

Bad news was I got taxed on it :-(

 
I've never had this PPI stuff. I've always used the NO word when offered it.

But I'm wondering if that was a mistake?

The impression I am getting, is the payments people are getting amount to more than the total they paid in to the PPI. Is that right?

 
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