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LLoyds PPI Compensation Bill Soars Past £8bn

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31st October 2013

The taxpayer-backed lender Lloyds has announced that it has set aside at least £700m more for PPI redress just months after saying it hoped it had drawn a line under the issue.

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Posted in Lloyds Banking Group, PPI, Sky News, PPI Redress

FCA 'disagrees' with 60% of smaller banks PPI claims

30th September 2013

Sixty percent of PPI compensation claims handled by some smaller lenders have been challenged by regulators for being unfair to customers. Don't let banks tell you NO when you are entitled to a refund - let us fight on your behalf at RTC.

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Posted in Financial Conduct Authority, PPI, PPI Complaints, Banks, Compensation, Mis-sold PPI, Complaint Handling, Lloyds Banking Group

Why are banks still rejecting legitimate mis-sold PPI claims?

16th September 2013

In 2011-12 the FOS found that 75% of cases referred to them after being rejected by the banks, were ruled in favour of the claimants. RTC have a proven track record of securing client wins after initial refusal, CONTACT US so we can fight on your behalf.

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Posted in PPI, UK Banks, Financial Ombudsman Service, Claims

PPI complaints to the Ombudsman still increasing...

29th May 2013

Consumers complained to the Financial Ombudsman Service (FOS) in record numbers last year, says Chief Ombudsman Natalie Ceeney.

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Posted in PPI, UK Banking, PPI Scandal, FOS, Ombudsman

Only 1 in 10 people have made a compensation claim against mis-sold PPI...

29th May 2013

Natalie Ceeney, the head of the Financial Ombudsman Service, said many bank customers were still unaware whether they had bought PPI policies because they were often included with loans automatically.

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Posted in PPI, PPI Scandal, UK Banking, Claims