Translation of PPI in Spanish:

PPI

Pronunciation /ˌpiˌpiˈaɪ/ /ˌpiːˌpiːˈʌɪ/

noun

  • 1

    • Thanks to high-pressure selling, seven out of ten loans are sold with PPI, which is hugely overpriced.
    • PPI sounds like valuable protection, doesn't it?
    • In fact, nearly a fifth of his final loan was just the accumulation of PPI and the interest on it - an insurance he didn't really need because he doesn't work.
    • The cost of PPI is often automatically included in the loan, preventing borrowers from shopping around and securing the cheapest deal.
    • The FSA has been putting pressure on banks and loan companies to stop automatically including protection payment insurance (PPI) when customers sign up for new financial products.
    • If you're shopping around for a personal loan, as sure as eggs is eggs, you'll be offered payment protection insurance (PPI).