PPI Miss-Selling: Millions Expected To Receive Letters 2741009234941582512-blid-5966334732464813657

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The Financial Services Authority (FSA) has pressured banks to write letters to past PPI customers. Although most Payment Protection Insurance (PPI) was sold with loans and credit cards, PPI claims can be lodged on catalogue accounts, life insurance policies and business accounts. Mortgage PPI may not have been widely miss-sold, but the PPI associated with loans and credit cards may have been miss-sold for some time.