The deadline for PPI claims is almost upon us and experts continue to predict potentially thousands of consumers will lose out on millions of pounds in compensation for mis-sold insurance.
Blog Category: Mortgages
Lloyds Bank has made a huge PPI payout of almost £¼ million to a Coventry man who had no idea how much money he was owed.
Are you throwing away the chance of thousands of pounds by not making a PPI claim before the August 29th deadline?
HSBC has joined Lloyds Banking Group (LBG) in setting aside another £½ billion to pay out future successful PPI claims with less than a month to go to the claims deadline.
Though Barclays Bank has announced it believes the £360 million it has left in its PPI pot will be enough to pay all future successful claims it has not ruled out having to add more in the future.
The pace of new claims for PPI mis-selling is heating up as the deadline draws ever closer with tens of thousands of consumers anxious to beat the cut-off date.
Britain’s financial watchdog is urging consumers to make their PPI claims in the final countdown to the claims deadline on August 29th.
With just weeks to go before the PPI claims deadline on August 29th, Santander has added another £70 million to its PPI compensation pot.
The last minute rush to make a claim for potentially mis-sold PPI before the claims deadline has ‘gone nuclear’ according to one bank official.