How to spot a payment protection con

Mortgage borrowers who have taken out insurance with their loans and credit cards have been seemingly overcharged by more than £1.4 billion a year according to a damning report by the Competition Commission.

But Which? Earlier this month suggested up two million had been mis-sold and could reclaim their premiums. So how do you know if you have been mis-sold, can you cancel your insurance and are there cheaper options? Read more