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.
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?
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.
With just a month to go before the PPI deadline Lloyds Banking Group (LBG) has added a massive £½ billion to its PPI provision to take the total it has set aside to over £2 billion.
Within weeks of the PPI claims deadline a former business manager from a high street bank has revealed the tactics used to mis-sell PPI to tens of thousands of people.
Consumer champion Which? has been warning potential PPI claimants to not miss the claims deadline of August 29th because they feel confused about the whole process.