PPI News – Banks Give In Over PPI Claims

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The British Bankers’ Association (BBA) has chosen to cease contesting a High Court ruling that would compel banks to review past PPI sales and offer reparation in cases of mis-selling. After both the Lloyds Banking Group and Barclays pulled out of the case, much of the BBA’s support was lost, which likely lead to its [...]

PPI News – Lloyds Says Sorry For PPI Mis-selling

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The UK’s largest PPI seller, with an estimated 40% market share, admits some of its sales processes were flawed and concedes it didn’t always treat consumer complainants fairly in the past. Lloyds said they will recruit and train 500 staff to handle complaints and it will listen to complaints it previously rejected. Lloyds has made [...]

PPI News – Barclays To Settle PPI Complaints

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Just last month, in the middle of June, it was reported that Barclays bank has pledged to settle on-hold PPI complaints to their consumers. The bank revealed that it will pay out on all PPI mis-selling claims – which is in line with most other banks caught up in the biggest consumer fiasco of mis-sold [...]

PPI – Has Your Lender Already Been Fined?

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The biggest scam and investment fraud in the UK is being run by the least likely people you would expect, your personal bank and loan companies. For years these banks have been stealing 1,000′s of pounds from you, and millions of other individuals who have loans with them, however due to legislation that was passed [...]

Were You Sold PPI When You Already Had A Medical Condition?

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A PPI or Payment Protection Insurance is a policy that many companies offer debtors when they sign up for a credit card or other type of loan. It is an insurance policy that is meant to cover the monthly debt for the debtor in situations where he or she can not make the payments. These [...]

Did You Realise You Had PPI?

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A PPI or Payment Protection Insurance is a policy that is added on to a debt in order to the protect the debtor in case of a temporary inability to pay. For example, if a person has a regular monthly credit card bill, the PPI would protect him if he became so ill that he [...]

PPI Checklist Summary

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The PPI checklist should be used by consumers who are filing a PPI claim. It is used to determine if you have been mis-sold in any category, and whether or not you will have a case against the mis-selling company. The checklist provides several mis-selling situation, and if you fit into any one of them, [...]

Questions To Ask Your PPI Claims Company

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Questions to Ask Your Payment Protection Insurance Claims Company When you are talking with the Claims Management Company about the Payment Protection Insurance also called the PPI. You should make a list of some important questions you should ask. Some examples of the questions you should ask are questions of whether or not you will [...]

Global Banking Profits Fall Due To PPI Claims Payouts

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Global Banking Profits Fall Due To PPI Payouts By Timothy Capper As a result of Payment Protection Insurance (PPI) claims being lodged against the United Kingdom arm of Santander. Europe’s largest bank has announced that they will be setting a side, six hundred and twenty million euro’s to cover current and expected claims being lodged [...]

You Can Clear Your Credit Card Debt By Debt Management Plans

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There are many reasons that may make you get into credit cards debts. Whatever your individual reasons are, you can clear your credit cards legally and get out of debt. You do not have to spend sleepless nights dreading what the coming days hold in regard to your credit card debts. There are a number [...]