Janice Smith knew she had PPI on three loans that she had with Marks & Spencer and made a claim for mis-selling direct to them.
Blog Category: Banking
HSBC is the latest bank to release its annual figures which have revealed it has £429 million still available to pay future successful PPI claims before the PPI claims deadline in August.
Now in her 80s Brenda Oliver wasn’t sure whether or not she had PPI, but thought that she may have taken it on some time in the past.
Royal Bank Of Scotland (RBS) still has £600 million available to pay future successful PPI claims, according to figures published in their annual report.
The Financial Ombudsman Service (FOS) has admitted it ‘failed to get to grips’ with almost one in ten of the cases it dealt with in 2018.
CYBG – the parent company of Clydesdale and Yorkshire Banks – is still receiving around 1,800 new PPI claims a week.
Around 150,000 consumers whose PPI claims were previously rejected are to have their cases re-opened because of a tightening of the rules governing investigation.
Challenger bank TSB has revealed that last year’s disastrous IT meltdown cost it £330.2 million and lost it 80,000 customers.
With just months to go before the PPI claims deadline in August, Santander has revealed that it has £246 million remaining in its contingency fund to pay future successful claims.