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PPI Victims underpaid by £1 BILLION

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5th June 2014

PPI compensation victims have been reportedly underpaid by £1bn due to banks and credit card firms excluding penalty fees and charges from compensation calculations.

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Posted in Payment Protection Insurance, PPI, Compensation, Lloyds Banking Group, Barclays, MBNA, Capital One, mis-sold PPI, Financial Ombudsman Service, FOS, PPI Premiums

Ombudsman still receiving 1000 complaints a day on PPI mis-selling

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6th March 2014

More than 1000 complaints a day about mis-sold PPI continue to be sent to the Financial Ombudsman Service.

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Posted in Complaints, Financial Ombudsman Service, FOS, PPI, Bank of Scotland, Barclays, MBNA, HSBC, Lloyds TSB