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Payment Protection Insurance Fraud in the U.K. 7 Dec 2012 | 12:32 am

Financial institutions in the United Kingdom often sell payment protection insurance (PPI) with loans or credit cards. This type of insurance is designed to help people who are unable to pay because t...

PPI Scandal Makes Homeowners Wary of Mortgage Protection Insurance 5 Jun 2012 | 10:07 pm

The aftermath of the PPI mis-selling scandal has created discord between banks and their customers. Customers feel cheated and are beginning to shy away from purchasing mortgage protection insurance. ...

PPI Scandal Makes Homeowners Wary of Mortgage Protection Insurance 5 Jun 2012 | 10:07 pm

The aftermath of the PPI mis-selling scandal has created discord between banks and their customers. Customers feel cheated and are beginning to shy away from purchasing mortgage protection insurance. ...

PPI Claims Providers May Receive Up to 25% of Fees 5 Jun 2012 | 10:07 pm

According to a new report from the Ministry of Justice, almost 900 companies have been licensed to act as arbitrators to consumers who have been mis-sold PPI packages. Collectively, these firms are re...

Lloyds CEO Attacks Fraudulent PPI Claims 5 Jun 2012 | 10:07 pm

Lloyds customers have been filing a substantial number of lawsuits against the bank. Due to the number of claims customers have filed, Lloyds provisions have increased to £3.6 billion. Lloyds CEO Antó...

PPI Claims Providers May Receive Up to 25% of Fees 5 Jun 2012 | 07:07 pm

According to a new report from the Ministry of Justice, almost 900 companies have been licensed to act as arbitrators to consumers who have been mis-sold PPI packages. Collectively, these firms are re...

Lloyds CEO Attacks Fraudulent PPI Claims 5 Jun 2012 | 07:07 pm

Lloyds customers have been filing a substantial number of lawsuits against the bank. Due to the number of claims customers have filed, Lloyds provisions have increased to £3.6 billion. Lloyds CEO Antó...

Barclays Faces Larger Losses Due to PPI Lawsuits 9 May 2012 | 04:29 am

According to a new report from Barclays, it has lost a total of £300 million from PPI mis-selling lawsuits. This report couldn’t have come at a worse time for Barclays, who had to confront its shareho...

Barclays Faces Larger Losses Due to PPI Lawsuits 9 May 2012 | 12:29 am

According to a new report from Barclays, it has lost a total of £300 million from PPI mis-selling lawsuits. This report couldn’t have come at a worse time for Barclays, who had to confront its shareho...

Barclays Faces Larger Losses Due to PPI Lawsuits 8 May 2012 | 09:29 pm

According to a new report from Barclays, it has lost a total of £300 million from PPI mis-selling lawsuits. This report couldn’t have come at a worse time for Barclays, who had to confront its shareho...

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