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 […]
How to choose a PPI company With so many PPI companies out there it can sometimes be a daunting task trying to find out which PPI company to use. Like any industry there will be good companies and bad companies, so how should you go about filtering out the bad, and choosing the best company […]
How do I claim PPI? Despite the huge amount of media attention some of the most asked questions do not get answered. We hear all the figures, such as a £25 BILLION compensation pot, and that 34 MILLION PPI policies have been sold, but without the knowledge of how to claim, people simply won’t get […]