SUSSEX WOMAN PAID FOR WORTHLESS PPI POLICY
Joya Antao of Haywards Heath, West Sussex, took out a credit card in 2001 but had no idea that payment protection was included in the agreement. Since she was unemployed at the time, the cover was actually worthless but Joya was charged for the insurance every month. The unexpected fee, coupled with her own spending, meant that the bills soon began to spiral out of control leading to months of worry for Joya. She eventually had to raid her savings and even sell some possessions in order to clear the debt and is now adamant that she will never take out a credit card again.

 
DERBY MAN SHOCKED BY COST OF PPI
When Matthew Green of Stenson Fields, Derby, took out a secured loan last year he thought some element of payment protection insurance might be useful. What he didn’t realise, however, was that he would end up paying more than £10,000 for less than one year of cover. It was only when he attempted to re-mortgage his property that the full costs of the policy, sold by Picture, became apparent and Matthew received a nasty shock.