PPI

Rogue claims management companies that bombard people with nuisance calls and provide a bad service face fines totalling £1,000s under new plans announced by the Government.

Over five million people could be missing out on £100s by chucking away their CPP reminder letters.

Martin Lewis, our boss and founder and editor of MoneySavingExpert.com, has tonight been awarded an OBE for services to consumer rights and charitable services in the Queen's birthday honours list. This is a message from me on behalf of the staff at MSE following the news (he has no idea we’re even writing this).

Victims of the payment protection insurance (PPI) mis-selling scandal could potentially have been under-compensated by an estimated £1 billion, a BBC investigation has found.

MoneySavingExpert.com and Which? have teamed up to help consumers understand their payment protection insurance (PPI) redress offers from banks.

If Barclays, Lloyds or RBS/NatWest have offered you payment protection insurance (PPI) redress on a loan since 2012, you may be owed £100s more.

All the major banks have either replaced or shaken up the bonus schemes that played a big role in past mis-selling scandals – but some are still using high-risk schemes, the banking watchdog says.

More than 200 rogue claims management companies had their licences taken away last year, the Government says.

Lloyds Banking Group has set aside another £1.8 billion to deal with claims for mis-sold payment protection insurance (PPI), meaning the bill for its part in the scandal could top £10 billion.

January's never the easiest money month, so MoneySavingExpert.com is urging you to check now if you're owed cash due to mis-selling, poor service or for something else.