Call us on 08455 61 61 61

News Articles

PPI Victims underpaid by £1 BILLION

scales

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.

Read more

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

Banks to hold crunch-talks on PPI claim deadline

7th March 2013

The four largest banks in the U.K are meeting today to discuss whether they are to push for a deadline for consumer PPI claims.

Read more

Posted in Banks, UK, PPI, Mis-selling Scandal, Banking, Payment Protection Insurance

PPI Claims rising at an "unprecedented" rate, says Financial Ombudsman Service

5th March 2013

It has been revealed today that the Financial Ombudsman Service is now taking on upward of 2,000 claims per day, as banks continue to struggle to deal with the large volume.

Read more

Posted in PPI, Mis-selling Scandal, UK, Banking, Payment Protection Insurance

Banks call for PPI time limits...

21st January 2013

The UK's banks have asked the Financial Services Authority to set a deadline of April 2014 for all further claims for compensation for mis-sold payment protection insurance (PPI) policies.

Read more

Posted in PPI, Banks, UK, Payment Protection Insurance, Deadline, Financial Services Authority, Mis-selling Scandal

Bank Account fees are "next PPI scandal"

13th January 2013

Millions of bank customers could be entitled to thousands of pounds each in compensation for allegedly being mis-sold fee-charging current accounts.

Read more

Posted in Mis-selling Scandal, PPI, Payment Protection Insurance, UK, Banking