It has been announced by the Ministry of Justice that they are to launch an investigation into Payment Protection Insurance (PPI) claims. After a number of invalid compensation claims were submitted in a bid to gain missold PPI compensation, the … Continue reading
Tag Archives: ppi
Bradford sees soaring PPI complaints
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It has been revealed that Bradford has seen a 78 per cent increase in the number of Payment Protection Insurance (PPI) complaints to the Financial Ombudsman Service (FOS) over the past year. However, 2009 saw 1,078 complaints filed, within the … Continue reading
Which? Calls for Bonus Action
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Following similar urges by the Financial Services Authority (FSA), Which? has backed plans asking for banking bosses to reclaim bonus sums to cover money lost due to the Payment Protection Insurance (PPI) scandal. Writing strongly worded letters to banks involved … Continue reading
Thousands Still Waiting for PPI Compensation
Gallery
It has now been a long time now since a tribunal found in favour of the customer, and ordered banks and other financial institutions to make repayments for missold Payment Protection Insurance (PPI). However, mistakes by companies and delays from … Continue reading
Home loans and Missold PPI
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Taking out a loan of any kind, especially for the first time, can be a daunting experience, especially when working out how long the loan will last for and how much, with interest, will have to be paid back. This … Continue reading
Mitchell Farrar Group Recognises new PPI Misselling Possibility
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It has been revealed by the managing director of Mitchell Farrar Group (MFG) that new Payment Protection Insurance (PPI) products may carry as much risk of being missold as those currently on the market and involved in the misselling scandal. … Continue reading
FSA Warns Against Harmful New PPI Cover
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A joint warning from the Office of Fair Trading (OFT) and Financial Services Authority (FSA) has stated that companies developing new Payment Protection Insurance (PPI) cover must ensure that it is not harmful to customers. With the missold PPI scandal … Continue reading
IFA’s Urged to Utilise Trustworthy Claims Firms
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It has been revealed by an Independent Financial Advisor (IFA) that his contemporaries must ensure they send their Payment Protection Insurance (PPI) clients to trustworthy claims companies. The warning came after managing director of Invest Southwest IFA, David Penny, … Continue reading
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