The big bank con using dirty tactics to force customers to drop complaints
Some of Britain’s biggest financial firms have been caught fobbing off swathes of customers who have been given a raw deal. In the worst cases, banks and other industry ¬heavyweights wrongly rejected a...
View ArticleComplaints jump as banks accused again over PPI issues
The UK’s high street banks are under fresh fire for failing to handle customer grievances properly after another sharp rise in complaints to the Financial Ombudsman Service (FOS). The mediation body...
View ArticlePPI Cases on the rise
The number of personal payment protection insurance (PPI) claims is on the rise, according to the latest figures on the subject. Millions of people across the UK have been mis-sold the protection...
View ArticleEgg PPI Claim
Do you have a loan or credit card with EGG? PPI Legal has worked with a mutual client to reclaim back their Payment Protection which was attached to their Credit Card. In just a few short weeks, Egg...
View ArticleBarclays PPI Claim
Do you have a loan PPI with Barclays? PPI Legal has worked with a mutual client to reclaim back their Payment Protection which was attached to their Loan. In just a few short weeks, Barclays agreed to...
View ArticlePPI complaints to Ombudsman see sharp fall
The number of complaints about payment protection insurance (PPI) being taken to the Financial Ombudsman Service (FOS) has dropped sharply. The FOS received just 19,259 new PPI cases in the third...
View ArticleBanks yet to pay PPI compensation to customers
It has emerged that victims of the payment protection insurance (PPI) scandal are still waiting for compensation months after being promised payouts. Some high street banks have admitted breaking a...
View ArticleMis-sold PPI claims cost banks £557m
Financial Ombudsman Service has upheld nine out of ten claims, with compensation payments averaging £2,750 Hundreds of thousands of people have won compensation for mis-sold payment protection...
View ArticlePPI claims send Lloyds spiralling into the red by £3.9bn
LLOYDS Banking Group has plunged to a £3.9 billion loss in the first nine months of the year, sparking a warning that it may be forced to put back some of its recovery targets until after 2014. The...
View ArticlePPI complaints surge to 300,000 with near-£3,000 average payout, says ombudsman
The Financial Ombudsman Service (FOS) has upheld 90% of complaints about mis-sold payment protection insurance (PPI) and may need to employ more staff to deal with a recent upsurge in complaints about...
View ArticlePPI compensation: Lloyds fined £4.3m
Payout delays mean quarter of successful PPI claimants in 10-month period waited longer than four weeks. Lloyds Banking Group has apologised to customers whose PPI payments were delayed. Lloyds Banking...
View ArticleCredit card company sets aside PPI cash – March 2013
Credit card company sets aside PPI cash It has been revealed that credit card company MBNA have set aside a hefty sum of £175m to cope with missold Payment Protection Insurance (PPI) claims. It is not...
View ArticlePPI claims show first sign of decline
PPI claims show first sign of decline Barclaycard has revealed that they are experiencing a declining number of Payment Protection Insurance (PPI) claims. Whilst missold PPI claims continue to soar in...
View ArticleRising PPI claims are bad news for shareholders
Rising PPI claims are bad news for shareholders The number of claims of mis-sold payment protection insurance has doubled to 379,000 over the past year. The PPI catastrophe rolls on. Almost every...
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What is PPI? Consumers still unsure what it is and if they have purchased it!
What is PPI? Even if they did need it, it was insurance that was unlikely to protect them in the event of a claim. Perhaps the biggest scandal about PPI is the fact that many people didn’t know it had...
View ArticleIrish banks named and shamed in new PPI revelation – Sept.2013
Irish banks named and shamed in new PPI revelation The missold Payment Protection Insurance (PPI) scandal has been widespread across Britain, causing thousands of people to submit complaints and claim...
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New City regulator urges whistleblowers to protect consumers but who will...
New City regulator urges whistleblowers to protect consumers but who will protect the whistleblowers? The head of the new City regulator, the Financial Conduct Authority (FCA), began his first week in...
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