The Financial Ombudsman Service (FOS) has warned that scammers and con-men have ripped off £6 million from UK consumers in just three months.
The total bill for the last 12 months was £775 million.Read More
When Linda Cook was out shopping in Debenhams in the summer of 1985 she was persuaded to take out one of their store cards by the assistant on the till.
Said Linda: “I was sold it on the benefits and discounts I would receive as a store card holder and nothing was mentioned about PPI.Read More
Like thousands of other people Ian Jefford had no idea whether or not he had PPI attached to any of the loans he had taken out with Lloyds in the past.
“I had no proper paperwork,” he said, “but when I saw the TV advert I thought I’d give it a go on their no win no fee terms.”Read More
The Financial Ombudsman Service (FOS) has issued a warning to consumers to beware of ombudsman imposters operating a phone and e-mail scam to harvest personal financial data.
In a special statement FOS says: “The scammers are falsely using our name to try to persuade people to reveal details about their personal and financial circumstances.”Read More
Packaged bank accounts have become the most complained about financial product in the UK after PPI.
New figures from the Financial Ombudsman Service (FOS) show 32,700 people complained they had been mis-sold their packaged account in the nine months to December 2015.Read More