News
Read the latest news in the world of payment protection insurance and our efforts in helping customers to get back what they are owed, along with our thoughts and opinions on the stories that could directly affect you and your case:
Misleading Media Coverage Affects Homeowners
Date posted: May 17th, 2012
Looks at how the negative media coverage putting off those who can legitimately make use of MPPI for their mortgage.
Mum falls victim to PPI Scam
Date posted: April 27th, 2012
News about a fraudulent claims management company scamming an Edinburgh Mum.
Banks Hire New Staff for PPI
Date posted: April 15th, 2012
News article talking about how the banks have had to hire extra staff to deal with all the complaints!
Bank Complants Rise...and it's All Down to PPI
Date posted: April 3rd, 2012
A look at the latest bank complaints figures, which show that PPI is directly responsible for the latest increases.
FSA fears repeat of PPI Scandal
Date posted: March 22nd, 2012
A news story looking at the FSA's fears that without regulation there could be a repeat of the PPI scandal
Banks Forced to Contact All PPI Victims
Date posted: March 11th, 2012
Story detailing the latest news that banks will be forced to contact victims of PPI mis-selling.
Lloyds Banking Group to Cut £2m from Paid Bonuses Due to PPI Scandal
Date posted: March 1st, 2012
Reaction to the news that Lloyds are cutting £2million from bankers' bonuses due to the losses suffered through the PPI scandal
Business insiders argue PPI remediation schedule is not achievable
Date posted: February 29th, 2012
Precision Claims News article on the development that business insiders are saying the latest schedule for paying back PPI is not achievable
Current Guidelines on PPI Impossible To Meet
Date posted: February 28th, 2012
A news article on a Charter UK report saying the current guidelines on PPI are not possible to meet without funding.
FOS expecting to see 14% increase in 2012/13
Date posted: February 24th, 2012
A news story talking about how the FOS is expecting a 14% increase in the number of PPI complaints over the next two years.
3 Year Wait as Couple Goes It Alone
Date posted: February 10th, 2012
A couple has had to wait for 3 years to reclaim the PPI owed to them on a personal loan.
£5Billion Extra Consumer Spending Expected
Date posted: January 23rd, 2012
A look at how PPI payouts could help boost the economy as people may be more willing to spend the money they are refunded as it is an unexpected bonus.
Banks Cross £1 billion Mark
Date posted: January 16th, 2012
Banks have now surpassed the £1billion mark for PPI compensation claims. Get in touch today to claim on 0844 704 1945
Half of Banks Have No Online Complaints Facility
Date posted: January 10th, 2012
A news article about banks making it difficult for users to make a claim by having no online complaints facility.
A Third Of Xmas Shoppers Are Thought To Be Using Their Credit Card
Date posted: December 20th, 2011
An article looking at the potential debt hangover from Christmas Shoppers using credit cards, and how some may mistakenly believe PPI can protect them.
Some Banks Yet to Pay Up
Date posted: December 15th, 2011
A story on how some banks have not yet paid for claims that have been won by their customers.
Not All Claims Management Firms Are Corrupt
Date posted: December 14th, 2011
Our reaction to the news that the Ministry of Justice are to launch an investigation into the PPI industry.
Claims hit record high of 3,000 a week
Date posted: December 13th, 2011
A look at how the number of PPI claims has grown to record levels - 3,000 a week.
Banks Incur £557m in Losses
Date posted: December 12th, 2011
A story about the cost to the banks of the many claims for PPI that have been seen since the story first broke.
HSBC Have To Pay Out Again
Date posted: December 5th, 2011
A news article about how HSBC have to pay out yet more money for PPI refunds.
New Guidelines on Payment Protection Insurance from the FSA and OFT
Date posted:November 20th, 2011
A news article about the FSA decision to publish guidelines on new financial services products in the wake of the PPI scandal.
Financial Ombudsman Reports Rise in Successful Claims
Date posted: October 27th, 2011
A news article about the success rate of PPI claims over Q3 2011.
