Blog Category: PPI


Why should I make a PPI claim?

Why should I make a PPI claim?

With just six months to go before the PPI deadline on August 29th, millions of potential claims remain to be made with banks setting aside billions of pounds to cover potential pay-outs.

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PPI claims deadline – six months and counting

PPI claims deadline - six months and counting

The PPI claims deadline is now just six months away and if you are one of the millions of people with a PPI policy and you haven’t made a claim for possible mis-selling, your time is running out.

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PPI NEWS UPDATE – February 2019

PPI NEWS UPDATE – February 2019

2018 monthly PPI payout averages over £⅓ billion

Figures just published by the Financial Conduct Authority (FCA) show that Britain’s banks paid a monthly average of £354.1 million in 2018 and a total of £4.2 billion for the year.

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PPI claims help keep Co-op Bank in the red

What will the final PPI payout be?

The on-going cost of compensation for mis-selling PPI policies has helped keep the Co-op Bank in the red, according to its annual report.

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SUCCESS STORY – It was life-changing!

SUCCESS STORY – It was life-changing!

Linda Dawber had no idea whether or not she had ever taken out PPI because her husband dealt with all the couple’s financial matters.

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Lloyds PPI pot – £1.3 billion left

Lloyds PPI pot - £1.3 billion left

Lloyds Banking Group (LBG) still has £1.3 billion left to pay successful PPI claims before the August claims deadline.

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What will the final PPI payout be?

What will the final PPI payout be?

When the alarm bells first started ringing about mis-sold PPI experts believed the episode would be very short-lived and end up costing around £4 billion.

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SUCCESS STORY – New PPI claims proved M&S wrong

SUCCESS STORY – New PPI claims proved M&S wrong

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.

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Concern expressed that banks are delaying PPI claims

Concern expressed that banks are delaying PPI claims

With just over six months to go to the PPI claims deadline concern is being expressed that some of Britain’s banks are delaying claims by weeks or even months.

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HSBC has £429 million left to pay PPI claims

HSBC has £429 million left to pay PPI claims

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.

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