http://fastclaimppi.co.uk 100% No Win No Fee Claim Tue, 21 May 2013 07:50:32 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 http://fastclaimppi.co.uk/lloyds-makes-extra-375m-provision-for-ppi-compensation/ http://fastclaimppi.co.uk/lloyds-makes-extra-375m-provision-for-ppi-compensation/#comments Wed, 09 May 2012 09:53:10 +0000 ppiaccount http://www.fasttrackppi.co.uk/?p=658 Read More]]> Lloyds makes extra £375m provision for PPI compensation Lloyds Banking Group has reported falling profits and set aside an extra £375m to pay for payment protection insurance (PPI) compensation. Pre-tax profit in the first quarter of 2012 was £288m, compared with a £3.5bn loss in the same period last year. Lloyds’ boss said it “reflected the subdued UK economic environment”. Lloyds, which is 40%-owned by the government, said the extra PPI provisions were down to “the increase in the volume of complaints”. Last week Barclays also increased its provision for PPI compensation, setting aside an extra £300m. PPI is supposed to cover borrowers’ loan repayments if they fall ill, die, or lose their jobs. But it became highly controversial and there have been years of campaigning by consumer groups against the widespread mis-selling of the policies. Lloyds has now set aside £3.6bn to cover compensation payments. http://www.bbc.co.uk/news/business-17904674   test

]]> http://fastclaimppi.co.uk/lloyds-makes-extra-375m-provision-for-ppi-compensation/feed/ 0 http://fastclaimppi.co.uk/millions-set-for-2700-each-in-bank-payouts-after-rip-off/ http://fastclaimppi.co.uk/millions-set-for-2700-each-in-bank-payouts-after-rip-off/#comments Wed, 07 Mar 2012 13:00:13 +0000 ppiaccount http://www.fasttrackppi.co.uk/?p=290 Read More]]> ]]> http://fastclaimppi.co.uk/millions-set-for-2700-each-in-bank-payouts-after-rip-off/feed/ 0 http://fastclaimppi.co.uk/consumers-could-be-entitled-to-claim-on-mis-sold-ppi/ http://fastclaimppi.co.uk/consumers-could-be-entitled-to-claim-on-mis-sold-ppi/#comments Tue, 28 Feb 2012 08:44:43 +0000 ppiaccount http://www.fasttrackppi.co.uk/?p=64 Read More]]> BBC News reports, since widespread publicity has “alerted many customers to the possibility of gaining compensation.” However, many more people could still be ignorant of the fact that they have been sold PPI unnecessarily when applying for mortgages, loans or credit cards, so it’s worth investigating. According to UK Net Guide, consumers may have been mis-sold PPI as part of an elaborate and high-pressure sales pitch. Others may have been led to believe that taking out a plan would increase their chances of securing credit. There are also cases reported where individuals bought PPI without a thorough understanding of the product or worse, without even knowing. In all of these cases, individuals could be entitled to reclaim any charges and monies paid. The chances for a positive outcome, via a reputable claims firm, are high. To demonstrate, a spokesman for the FOS said: “The percentage of PPI complaints we upheld in favour of the consumer increased to 92 per cent.”

]]> http://fastclaimppi.co.uk/consumers-could-be-entitled-to-claim-on-mis-sold-ppi/feed/ 0 http://fastclaimppi.co.uk/ppi-mis-selling-payouts-hit-215m-in-first-half-of-2011/ http://fastclaimppi.co.uk/ppi-mis-selling-payouts-hit-215m-in-first-half-of-2011/#comments Mon, 27 Feb 2012 17:16:23 +0000 ppiaccount http://www.fasttrackppi.co.uk/?p=68 Read More]]> ]]> http://fastclaimppi.co.uk/ppi-mis-selling-payouts-hit-215m-in-first-half-of-2011/feed/ 0