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Banks Abort PPI Deadline Talks

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17th February 2014

Britain's biggest banks have abandoned talks for a second time that were aimed at fixing a cut-off for claims in the £20bn PPI mis-selling scandal - it's not too late to start your claim!

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Posted in PPI, PPI Deadline, Claims, Lloyds Banking Group, Royal Bank of Scotland, Financial Conduct Authority

RBS puts aside another extra £465m for PPI payouts

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30th January 2014

Claims have continued at previous rates - £225m per quarter - rather than falling as expected. They are now forecast to continue for longer according to the bank.

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Posted in RBS, PPI, Compensation, Claims, Forecasts

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

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

Ombudsman dealing with 11,000 claims per week

29th January 2013

A record level of 11,000 complaints a week about mis-sold Payment Protection Insurance were made to an ombudsman between October and December.

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Posted in PPI, Mis-selling Scandal, Financial Ombudsman Service, Claims, UK