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October 13, 2015 
Daniel Lee Interest Rate Hedging Product Scandal to Hit UK Another new mis-selling scandal for the banks, especially the Lloyds Banking Group to deal with could be hitting very soon. This scandal centres on interest rate protection products which are more commonly known as swaps. It’s said that this scandal could be a “bigger problem” for the […]
December 11, 2014 Daniel Lee PPI complaints with the Financial Ombudsman top a MILLION The Financial Ombudsman Service has now dealt with over one million complaints regarding Payment Protection Insurance. What makes that statistic even more astonishing is that it’s estimated that 9 out of every 10 rejections by banks and lenders are not escalated to the FOS by customers. […]
July 10, 2014 Daniel Lee Bank Fines to Fund D-Day Trips The Chancellor of the Exchequer has allegedly set aside money that has been raised from the big banks to make sure that veterans can continue to make their annual pilgrimage to France each year. It’s reported that the Chancellor has set aside the money that has come from the […]
November 14, 2014 Daniel Lee A short PPI timeline of major events PPI, or Payment Protection Insurance was mis-sold to millions of people around the UK if they were taking out a loan, credit card, store card, car finance or a mortgage to name just a few. The media have covered the story in some depth over the last few years, […]
July 10, 2014 Daniel Lee HSBC suspends Packaged Bank Accounts HSBC are the latest in a long line of banks to have suspended their packaged bank account offerings due to the complaints coming in from customers quickly piling up. The bank is preparing to move its customers over to a new deal but it is believed that the main reason […]
July 10, 2014 Daniel Lee All your PPI questions answered live Despite the huge amount of media attention regarding the HUGE PPI mis-selling scandal there are still so many questions that we are asked on a daily basis. We have tried to answer the main questions via our Frequently Asked Questions (FAQs) page, but we are aware that many of […]
