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Banks accused of stalling payments for PPI refunds

30th August 2012

As if mis-selling PPI policies to their customers wasn’t bad enough, it has now been reported that many lenders are guilty of deliberately delaying refund payments. Banks are now using various tactics and excuses to delay payment, leaving clients continually short-changed.

Many lenders are now using PPI and how much it has cost them, to justify charging their customers for everyday banking services, such as a simple current account. 

Posted in PPI, Mis-sold PPI, UK, Claims, Real Time Claims

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