What Was PPI Sold With? Payment Protection Insurance, or PPI as it’s most commonly referred to, has been systematically mis-sold alongside various other products and has been a handsome earner for banks and lenders for decades as they swindled money from customers by taking advantage of their position of trust. For every ten complaints the […]
Lloyds PPI bill rises by a further £600 million Lloyds Banking Group, which includes the likes of Lloyds, Halifax, Bank of Scotland and Black Horse to name a few, has today issued it’s most recent figures. The bank, part owned by the UK taxpayer following a rescue package by the government, has today revealed that […]
Barclays PPI Bill Rises By A Further £900m Barclays bank has revealed that it is to add a further £900 million to its PPI compensation fund. This news from Barclays follows on from the announcement of half-year adjusted profits of £3.35 billion, a 7% decline on forecasts. This latest addition in PPI provisions takes the […]
PPI Claims Continue to Concern Banks News emerged this week of the increased provisions put aside by banks to cover the PPI claims which are not dwindling as fast as they’d like. In particular, the banking industry is less than pleased at the acceleration in the number of claims which relate to PPI policies sold […]
Here’s the continuation from part three. We’re going to dive straight into the next post and carry on from where we left off with part three. Let’s start this section with the following question… I’ve already claimed on my PPI, can I still make a mis-selling complaint It is still possible to make a complaint […]
RBS PPI compensation fund set to rise These past few years have been a tough one for a number of different banks after numerous scandals and fixing allegations have been uncovered, such as the huge PPI scandal. With the news this morning about the UK economy returning to the way it was prior to the collapse […]