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    Payment Protection Insurance PPI Webpage

    October 6th, 2011 by admin

    The only substitute for personal banking is keeping the valuables at home which are quite unsafe whereas other types of banking e.g. mortgages cannot be substituted, regardless of the financial institution involved. Substitutes for products and services offered by HSBC are quite numerous due to the high competitive rivalry in the banking industry. Other financial institutions have claimed to offer better loan rates and lower interest rates than HSBC, whilst some offer better incentives for new students. HSBC reduced this � Payment Protection Insurance PPI student account� threat by offering gradual repayment of overdrafts even after the student becomes a graduate, this has made them more appealing to students as it is highly unlikely that they can pay back all their overdraft as soon as the finish studying.

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