Barclays PPI fund increases by £200m With Lloyds and RBS confirming earlier this week that they would be increasing the overall PPI compensation bill by £1.35 BILLION, up next is Barclays. It has come as no surprise that they have followed their competitors and added a substantial sum to their own Barclays PPI fund, taking […]
Lloyds PPI fund tops £12 BILLION It has long been claimed by British banks and lenders, and so called city experts, that the final PPI bill would stand at around £25 BILLION. We, on the other hand, have estimated a much higher bill, taking into account the millions who have yet to stake their claim. […]
RBS PPI fund up £650m to almost £4bn It’s that time of year again when the major banks release their quarterly figures to the city, which all too often sees them having to increase their PPI compensation pots. First up this time is RBS, which also owns Natwest, and we are already off to a […]
Common PPI Questions Answered – Part 1 of 4 The Payment Protection Insurance (PPI) claim process can be very confusing. This article is part of a series that Your Money Claim are publishing to clear up common misconceptions about PPI and help you better understand your right to compensation! Is every PPI policy bad? There […]
What was PPI added to? Payment Protection Insurance (PPI) has been a hot topic in the media over recent years. Millions of consumers have already sought compensation from financial lenders that have mis-sold them PPI, with an estimated 7 million yet to launch their claim. The banks and lenders in the UK have had to […]
PPI scandal has years left to run You may recall back in November I made a prediction that the PPI scandal would take another 3 years before we can finally say that the matter had been closed. This wasn’t popular amongst the banks and lenders who are at the centre of the scandal, who have […]