A tawdry saga that has cost Britain's banks billions of pounds is finally drawing to a close
Payment protection insurance (PPI) is insurance that will pay out a sum of money to help you cover your monthly repayments on mortgages, loans, credit/store cards or catalogue payments if you are unable to work. This may be as a result of illness, accident, death or unemployment and will be covered on your policy.
10 時間前 - Consumers making last-minute claims for mis-sold payment protection insurance (PPI) have had to deal with crashing websites and jammed phone lines as banks struggled to cope with an 11th-hour surge in complaints.
The total amount of mis-sold PPI reclaimed across the entire PPI industry stands at £32.9bn, since January 2011. There is no definite answer as to how much PPI was actually mis-sold to customers by lenders and most estimates have already ...
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