From the category archives:
Payment Protection insurance (PPI) is often mis-sold as a result of greedy financial services looking to make an easy and tidy profit. PPI is usually sold by financial institutions such as banks, money lenders, car finance companies, Credit Card companies and the like. PPI has been a profitable business for some time now and only [...]
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The Financial Ombudsman Service is predicting an 18% rise in complaints over this year.
he statistic is indicative that the public feels the banks are systematically cheating them with their excessive bank charges, compulsory payment protection insurance, APR hikes, non payouts on life and critical illness insurance and unfair loan agreements.
The FOS told the Tax Incentives [...]
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