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What is the key to successful PPI claims?
PPI has become a notably contentious issue recently, with 1.5 million complaints made since 2005. Think back to when you first purchased your policy. Did you understand it? Did you need it? Many people...
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New attempts to boost a struggling economy
We are now all too familiar with the current economic crisis. The banks are struggling and, as a result, so are the rest of the country. A new initiative was launched recently at the cost of £80...
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PPI scandal causes further problems for Lloyds
Lloyds Banking Group, which is backed by the tax-payer, has revealed that the costs for the mis-selling of the Payment protection Insurance scandal has risen to £4.3 billion and it is set to continue...
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PPI refunds lift economy and could raise GDP
They say every cloud has a silver lining – and the PPI scandal cloud has recently revealed its own, with average refund payouts of almost £3,000 boosting peoples’ cashflows amid the gloomy economic...
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PPI reclaiming – the 3 Key steps
You may have noticed over the past few months that there have been many adverts and warnings that you could have potentially been mis-sold PPI. This product has been mis-sold alongside loans, credit...
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PPI complaints hit an all-time high
The start of this year brought with it a flood of PPI complaints. All in all, mis-sold PPI accounted for a total of 63% of the complaints received by the Financial Ombudsman Service (FOS) in the first...
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PPI claims continue to stack up
The Financial Ombudsman has reported that financial claims are still coming in thick and fast, with over 1,500 new declarations reported every single day. Other criticisms cannot be compared to that...
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