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 […]
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, […]
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 […]
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 […]
The next mis-selling scandal is here – Packaged Bank Accounts The banks have been at it again!!! Just as the country gets to grips with the fact that banks and lenders have been mis-selling millions of PPI (Payment Protection Insurance) policies to generate billions of pounds of profits at the expense of the everyday UK […]
£15 BILLION PPI compensation paid out The bank regulator, the Financial Conduct Authority (FCA) releases monthly updates on how much PPI compensation has been paid back since January 2011. The figure as of March 2014 stood at £14.7 BILLION. We can safely assume then that at the time of writing this the bill is now […]