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Government attacked for taxing PPI victims
Now rubbing salt into the wounds, millions of consumers across the country have been told they will be forced to pay tax on the refunds they received from banks after being wrongfully sold Payment Protection Insurance (PPI). The victims of … Continue reading
Am I eligible for a PPI refund?
People are being told daily they could be due a refund on Payment Protection Insurance (PPI) but is it true? If you are due a PPI refund, you can go and claim this on your own, or you can call … Continue reading
Banks bite the PPI bullet
British banks have made the correct choice – to pay refunds for the large amount of Payment Protection Insurance (PPI) mis-selling which has been taking place over the years. The decision the banks made, in dropping their case against the … Continue reading
Ombudsman’s workload dominated by PPI
More than half of the new complaints dealt with by the Financial Ombudsman Service (FOS) are from sales of Payment Protection Insurance (PPI) as its rate of mis-selling has risen. The mis-selling of PPI is not a new subject, with … Continue reading
Mis-sold PPI? Here is what to do
Many are asking in unison, ‘what happens now?’ after the much awaited decision of the British Banking Association to drop their legal battle over Payment Protection Insurance (PPI). PPI became very successful as an insurance policy on mortgages, loans, credit … Continue reading