Debt Consolidation Vs PPI The reason why millions of mis sold PPI applications are filed every time is because it is not understood by the users. And because the lenders are not ready to make it known to the borrower before he or she begins servicing the loan, a borrower has the right of filing for reclaim after the servicing of the loan. This is the reason why it is important that you make use of loans that do not have any hidden charges attached to them to aviod debt settlement. And because of this, you are assured of no business of payment protection insurance. This insurance is for those who are unable to pay their loans because of emergencies. However, there is good news from these insurances, someone who understands what debt consolidation is all about can use it in challenges of paying off the loan. Payment protection insurance is what would help you in getting back to your financial status if you have a challenge while paying off your loans in debt consolidation. However, when you do not have anything to do with this insurance, you should be ready to file for a reclaim with the support of an expert after debt settlement. Making payment monthly on a debt consolidation can be daunting to an extent. This is the reason why it is important that you make good use of a loan that has nothing to do with hidden charges. And when you are making use of a loan, it is important that you do not neglect the support of an expert who would advice you about ppi claims handlers. Payment protection insurance would not be able to cover all the loans that you take because it may not be enough. However, it would be able to help you take time in paying off your loans when you miss a period of payment due to one challenge or debt settlement. And because of this, you should fully understand why you are going for a loan that has these payment insurance policies. Those who are making use of these policies may be the ones that would complain bitterly about the challenges they faced during debt settlement. This is the reason why it is very important that you make use of a loan that has nothing to do with mis-sold payment protection insurance. And when you are able to make use of these loans that have no hidden charge, it would be easier for you to take advantage of the money you are paying on ppi claims handlers for debt consolidation.