LONDON, Oct 4 (Reuters) - Royal Bank of Scotland (RBS) on Wednesday lost two lawsuits over unfair commissions that were charged to customers who were sold payment protection insurance (PPI), ...
The UK’s Competition and Markets Authority (CMA) said it has secured £975,000 ($1.3m) in refunds for Lloyds’ (LLOY.L) payment protection insurance (PPI) customers in the last year, with the latest ...
Your consumer problems solved. If you think we can help you, email us at consumer.champions@theguardian.com with details of what's gone wrong and how to contact you The ombudsman upheld my complaint, ...
Banks will pay out “substantially less” compensation for hidden commission in car finance loans than they did during the Payment Protection Insurance scandal, according to Nikhil Rathi, chief ...
An estimated 16 million Payment Protection Insurance (PPI) were sold in the U.K. between 2005 and 2011. It subsequently emerged many were mis-sold, with some borrowers being wrongly told they had to ...
The UK Supreme Court ruled that some PPI claims can remain within time until the wider credit relationship ends, not when the final insurance payment is made.
The latest refunds come after Lloyds self-reported three breaches of this order to the Competition and Markets Authority. A watchdog is urging anyone who believes they were mis-sold payment protection ...
LONDON (Reuters) - Barclays has begun a challenge to the competition watchdog's planned ban on the sale of payment protection insurance alongside credit cards, loans and mortgages, the bank said on ...
Hundreds of customers are being refunded after insurance company Paymentshield failed to send important information about PPI policies. The Competition and Markets Authority (CMA) has issued ...
Consumer champion Brunel Franklin says the claiming of secondary payouts on Payment Protection Insurance (PPI) cases is looking like the next big PPI mis-selling scandal. Yet with the Financial ...