Before Making a PPI Claim, Read This
UK’s mis sold PPI crisis is actually very simple, but very deceitful. Based on consumer behavior, a consumer only purchase an item whenever they need or desire them. Being so, insurance are something...
View ArticlePPI Claims Now Made Easy by Consumer Groups and Authorities
Filing a PPI claim is a right of any UK citizen. Nowadays, it is much easier to do so. The efforts of the Financial Services Authority (FSA) to establish new claims guidelines earned the United Kingdom...
View ArticleUK’s Current Stature Looks To Two More Years
Recently, the Financial Ombudsman Service (FOS) has declared that it had been receiving 1,500 claims a day for mis sold payment protection insurance claims. Among the giant UK banks, Barclays and...
View ArticleWhat PPI Claims Management Companies Can Offer You
Over 2.2 million claims for payment protection insurance have surfaced in the United Kingdom for the past six months this year alone. Due to the figures, the consumer group Which? states that PPI is...
View ArticlePPI Claims Can Rise Up To £16 Billion In Total
The Financial Ombudsman Service (FOS) continues to battle 1,500 claims on a daily basis. Including valid, rejected claims, banks may face up to £16 billion in total for the compensation of all PPI in...
View ArticleMis-selling of Interest Rate Swaps by UK Banks
The Agreements on the Interest Rate Swap was investigated by the Financial Services Authority of the UK. It was reported that there is a percentage of 90 mis-sold interest rate swap sales. The banks...
View ArticleThe slow profit growth in China
A slow growth in China’s profit in 2012 was reported by two of the largest Bank in the country. The annual report was already released by the banks and a weak result on the country’s profit growth has...
View Article“No PPI Claim Deadline Means a Decade of PPI Claim Refund” – BBA
The banking industry faces a great slump as the British Bankers’ Association (BBA) and consumer groups had failed to reach an agreement about the PPI claims deadline. BBA officials said that the...
View ArticlePPI Actually Aids the Recovery of the UK’s Economy
According to economists, payment protection insurance actually helped the UK economy recover more efficiently. The theory of some economists about PPI withholding the spending of many UK households was...
View ArticleBefore Making a PPI Claim, Read This
UK’s mis sold PPI crisis is actually very simple, but very deceitful. Based on consumer behavior, a consumer only purchase an item whenever they need or desire them. Being so, insurance are something...
View ArticlePPI Claims Now Made Easy by Consumer Groups and Authorities
Filing a PPI claim is a right of any UK citizen. Nowadays, it is much easier to do so. The efforts of the Financial Services Authority (FSA) to establish new claims guidelines earned the United Kingdom...
View ArticleFormer Lloyds CEO Might Lose Bonus Due to PPI Refunds
The Lloyds Banking Group is to discuss about clawing back the bonus payments from former chief executive Eric Daniels. Lloyds has currently around £12 billion set aside for PPI compensation complaints....
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