Question and answer session with… Lucy How long have you worked at Your Money Claim? Just over a year now. What is the best part of the job? That’s easy, being able to tell people when we’ve secured an offer of compensation. And the worst? Seeing the tactics employed by banks […]
Millions still to claim their PPI refund Recent statistics suggest that up to 7 million people have yet to make a claim regarding the huge PPI mis-selling scandal. The biggest financial scandal to hit the UK has some way to go before justice is done. With at least £10 BILLION in compensation yet to be […]
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 […]
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. […]
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, […]