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 […]
Lloyds staff STILL targeted on sales The recent mis-selling scandals of Payment Protection Insurance (PPI), and Packaged Bank Accounts (PBA), were largely down to banks and lenders laying down strict sales targets to its staff. The huge profits on offer for selling these overpriced, and often useless policies, led to a culture of rewarding staff […]
Financial Ombudsman Service reject calls for customer charges With millions of valid Payment Protection Insurance (PPI) claims being rejected by banks and lenders you would think that they would be focusing on getting their own house in order. However, we are all aware that banks are driven by an insatiable appetite for greed and profit, […]
How to stop nuisance calls I would imagine we’ve all received nuisance calls or spam texts from companies claiming to be offering a wide variety of services. Now, as you read this on the website of a PPI company, you may be wondering why we’re offering our thoughts and advice on the matter, given a […]