A MoneySaving couple are celebrating after reclaiming a whopping £153,000 in mis-sold PPI between them, which helped them get debt-free. It's the largest PPI success story we've EVER seen.
If you think you may have been mis-sold PPI, don't assume you've got until the advertised 2019 deadline to reclaim – millions who may be owed could face a much earlier cut-off.
A self-employed IT consultant who was left without work has avoided getting into debt after reclaiming £45,000 in PPI with the help of MoneySavingExpert.com's free PPI reclaim tool.
The majority of customers haven't claimed for mis-sold PPI and now have just two years to claim their cash – and from today banks MUST consider a new rule which means millions more could be in line for payouts just for simply having had a policy.
A new PPI ruling that means millions more may be able to claim mis-selling compensation is causing a backlog in the number of claims resolved by the Ombudsman.
Claims management company We Fight Any Claim has applied to the High Court for a judicial review of the financial regulator's decision to set a time-bar on PPI claims.
Consumers received almost £1.9 billion in redress payments during the second half of 2016, with PPI topping the list of the most complained about products, according to figures published today by the Financial Conduct Authority (FCA).
The financial regulator has been sent a formal letter kick-starting the legal process which could lead to a judicial review of the controversial time-bar on PPI claims, MoneySavingExpert.com can reveal.
10 April 2017
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