City analysts are predicting that three of Britain’s top banks are about to set aside a further £2 billion to pay for PPI claims, fines and legal costs.
Barclays, Lloyds and Royal Bank Of Scotland (RBS) will all announce their half year figures this week and all of them are expected to reveal substantial amounts being set aside to pay for future successful PPI claims and money needed to pay fines and costs for involvement in a number of scandals.Read More
Derek Graham first sought Gladstone Brookes’ help in claiming back mis-sold PPI in 2011 and had two successful claims against credit cards with £2,381± recovered from Lloyds and £1,168.33± from Citifinancial.
“I decided to make a claim when I saw the advert on the TV because, like many people, I’d taken out a number of loans when I was younger and even though I told them I didn’t want the PPI they told me I had to have it or the loan would not be approved.Read More
New quarterly figures issued by the Financial Ombudsman Service (FOS) show that 74% of the claims resolved between April and June had been unfairly rejected.
The new figures show that FOS received 62,105 complaints about PPI in the three month period, resulting in 49,377 new claims – a rate of 3,700 a week. PPI claims continue to make up more than half of all complaints received by the service.Read More
Telesales worker Deborah Murray had to sit down in the stairs at work when she heard in a phone call how much money she had got back for mis-sold PPI through Gladstone Brookes.
“My legs just turned to jelly,” she said. “I had no idea I was going to get that sort of money back!”
Deborah had made a claim for PPI on three Lloyds loans and when she was told the bank had agreed to pay her £5,492.47± in compensation she was stunned.
“That’s what they’re paying me back? Oh my God – that’s amazing,” she said.
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Deborah had come to Gladstone Brookes after seeing our advert on TV. “It said something like ‘you haven’t done anything about it’ and it was true. It was possible I had taken PPI on some of the loans I have had so I thought it was worth a try.
“I had no idea I was going to get that much back though! I would have been happy with a couple of hundred pounds. It’s changed my life. My bank balance looks a lot better now!
“I’ve been telling everyone that they should be doing it because the service I had was first class. When I first called up I didn’t have all the details of the loans, but the advisor I spoke to guided me through the process and made it all very easy.
“I haven’t thought what I might do with the money yet. It’s safely in the bank while I give myself time to get over the shock!”
John and Lisa Mallett both suspected they had PPI attached to various agreements they have had in the past with Barclays and Barclaycard.
Said customer advisor Lisa: “We had been meaning to do something about it for a couple of years as we felt we had been badly treated by the bank, but we didn’t get round to it because of the complexity of all the agreements we had.Read More