If you have successfully applied for a loan, a mortgage or a credit card in the United Kingdom in the last ten years it is highly likely that you were sold payment protection insurance during the process. The insurance is supposed to cover your debt in the unfortunate circumstance that you are unable to repay your credit payments due to illness, redundancy or any number of other reasons. However the problem lies in the fact that most payment protection policies have loopholes that make it extremely hard for a borrower to activate the policy. This is why so many...