It was reported that British Banks have pledged to settle on-hold PPI complaints to their consumers.
The bank revealed that it will pay out on all PPI mis-selling claims - which is in line with most other banks caught up in the biggest consumer fiasco of mis-sellings by banks - pe
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News on PPI
Act NOW before millions of others.........
The FSA estimated in 2010 that its new rules would boost the expected number of complaints to 550,000 a year for the next five years, in other words, 2.75 million.
But that was based on just a 20% response rate from potential complainants
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If you have ever tried to claim on a payment protection insurance policy when you became ill or unemployed you will know it is practically impossible to do. There are so many exclusions and omissions and hidden clauses that hardly anyone could possibly make a successful claim. And that is the way
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