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Mis-sold PPI still causing problems – banks yet to pay out to many customers
Payment Protection Insurance (PPI) is no longer being mis-sold by banks and other financial institutions, but the repercussions are still making themselves felt, with billions of pounds being paid out by high street banks to customers and yet millions are … Continue reading
Were you told PPI was compulsory? You have been mis sold
Royal Bank of Scotland (RBS) has set aside £1 billion to deal with PPI claims, since the Judicial Review in April 2011. RBS mis-sold Payment Protection Insurance (PPI) over a 10 year period, and now consumers are wanting their money … Continue reading
Payment Protection Insurance: How to make the most out of your claim
When planning how to make repayments on a credit card, mortgage or bank loan, it is vitally important to make sure you can be consistent by creating a repayment structure which means you never fall behind. However, sometimes ill health … Continue reading
Payment Protection Insurance
The High Court recently ruled that the Financial Services Authority (FSA) is entitled to impose tough retrospective rules concerning the sales and complaints in relation to the sale of Payment Protection Insurance (PPI). The British Banker’s Association has also declared … Continue reading
Barclays wins review of PPI ban
Barclays has successfully won a review of the rules on selling Payment Protection Insurance (PPI) – a policy designed to allow borrowers to keep up loan repayments in the event of a loss of income. The Competition Commission had imposed … Continue reading