Payment Protection Insurance (PPI)
What's happening in the world of Payment Protection Insurance (PPI)
PPI in the News
2009
The Observer, Sunday 22 February 2009
Customers who reclaim mis-sold loan insurance from banks and other lenders are being warned not to accept "gesture" payments worth a fraction of their potential payout.
2010
The Guardian, Friday 14 May 2010 08.45 BST
The Competition Commission will go ahead with a ban on the sale of payment protection insurance (PPI) alongside personal loans, mortgages and credit cards, despite a challenge by Barclays. It found that even at the height of the recession PPI providers made big profits from the controversial insurance.
The Guardian, Tuesday 27 July 2010 15.04 BST
Lloyds Banking Group has stopped selling the controversial payment protection insurance (PPI) across all of its brands, which include Halifax and the Bank of Scotland.
The Guardian, Tuesday 10 August 2010 19.03 BST
Nearly three million people who took out payment protection insurance (PPI) sold by banks and other lenders could be in line for compensation totalling more than £2bn after the Financial Services Authority today issued new rules on how firms should handle the flood of complaints over mis-selling.
2011
This page is no longer being updated. Please check out our Blogs and Facebook Page for more PPI information...
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