Tag Archives: PPI
CHL Mortgages continues to show strong complaints data
Specialist lender, CHL Mortgages, has today (20th September 2012) released its complaints data for the first half of 2012, up until 30th June 2012. In this period CHL itself received a total of 95 complaints, of which just 5% …
PPI on course to become biggest consumer financial scandal of all time
HSBC has set aside a further £340m to fund payment protection insurance (PPI) compensation claims, bringing total PPI provisions across UK banks to a staggering £10bn. Last week Lloyds increased the amount set aside for PPI claims to £4.3bn, while RBS …
Posted in Regulation
Tagged payment protection insurance, Peter Vicary-Smith, PPI, Which?
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£730m paid out in PPI redress in May
The FSA has announced it’s latest monthly update on the amount of payment protection insurance (PPI) refunds and compensation that are paid to customers who were mis-sold a PPI policy In May 2012, £730.5 million was paid out to customers …