PPI News – Top 20 PPI Payouts August 2020

Exactly a year after the PPI claims deadline in August last year GB has helped our Top 20 clients to claim back over £¾ million in compensation in a single month.

Top of the list was lady from Northern Ireland who received more than £82,000± on a single claim on a Marbles credit card.

The top five all received more than £50,000± and the total for the month was £796,553.70±.

Overall payout

The official Financial Conduct Authority figure for the total amount of compensation paid since January 2011 still stands at £38.3 billion.

However, it has not been updated since December last year and if the figure continued to rise at the average £⅓ million a month for the intervening eight months the overall total is likely to be over £40 billion – £4 billion up on August last year.

± before fees and taxes

Chosen Charity – Motor Neurone Disease

Gemma Edwards had been feeling ill for almost a year with slurred speech and extreme tiredness before she was finally diagnosed with motor neurone disease.

Chosen Charity – Motor Neurone Disease

Gemma Edwards had been feeling ill for almost a year with slurred speech and extreme tiredness before she was finally diagnosed with motor neurone disease.

Chosen charity – Warrington Food Pantry

It’s hard to believe that in 21st Century Britain there are families so strapped for cash that they can’t even afford to put food on the table. Or that they have to rely on the generosity of others just to keep going.

Chosen charity – Warrington Food Pantry

It’s hard to believe that in 21st Century Britain there are families so strapped for cash that they can’t even afford to put food on the table. Or that they have to rely on the generosity of others just to keep going.

Banks are trying to block new PPI claims

A national newspaper is claiming the Britain’s banks are trying to block a wave of new PPI claims.